Woofun AI reports that Strategy disclosed a new digital credit capital framework, featuring a dollar reserve policy and a BTC monetization plan, following a decline in preferred share STRC below its $100 par value. The board approved $1 billion each for preferred and common stock repurchases while raising the STRC annual dividend rate from 11.5% to 12%. Galaxy Research Director Alex Thorn noted that while these measures provide temporary liquidity relief, structural issues persist with $6.7 billion in convertible bonds maturing in 2027 and 2028. Thorn emphasized that Strategy must explore income generation from BTC holdings, such as conservative lending or options strategies, rather than direct spot sales, to preserve its long-term Bitcoin exposure narrative.