MSTR Stock Soars 6% as MicroStrategy Unveils Digital Credit Capital Framework

MicroStrategy's stock price surged by 6.03% after the company unveiled its Digital Credit Capital Framework, which includes a USD reserve and a BTC monetization program.

The framework also features twin $1B repurchase plans for both MSTR Class A shares and digital credit securities, with a preferred dividend of 12% starting in July 2026.

Traders are watching the new capital playbook closely, as it allows MicroStrategy to sell up to $1.25B of bitcoin to fund its USD reserve, cover preferred dividends and interest, and finance buybacks.

Citi reiterated a Buy rating on MSTR with a target price of $260, citing lower balance-sheet risk and more time for a potential Bitcoin rebound.