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Strategy may sell $1.25B bitcoin under new framework

Strategy (NASDAQ:MSTR) has launched a "Digital Credit Capital Framework," approving a programme that allows the firm to sell up to US$1.25 billion in Bitcoin (CRYPTO:BTC) to fund cash reserves, service preferred stock dividends on its Stretch (STRC) product, or repurchase common stock at management's discretion.

Read more: Strategy may sell $1.25B bitcoin under new framework