MicroStrategy’s New Bitcoin Sale Authorization Puts Altcoin Traders On Edge

TL;DRMicroStrategy officially filed an SEC 8-K on June 29, 2026, adopting a board-approved "Digital Credit Capital Framework" (Bitcoin monetization program) authorizing it to sell up to $1.25B in BTC to support its preferred stock reserves (STRC) and pay dividends, keeping a minimum cash reserve of $2.55B.
The key caveat: Do not say MicroStrategy has already sold $1.25 billion in BTC; it is an *authorization* program under specific conditions. They still hold 847,363 BTC and bought no coins betw