Strategy Executive Chairman Michael Saylor has detailed the company's digital credit strategy, positioning MSTR common stock as leveraged Bitcoin exposure and STRC preferred stock as a dollar-yield instrument designed to reduce price volatility. Under this framework, Strategy may issue additional STRC shares when trading above par value and repurchase them at its discretion when trading below par to manage circulation and future dividend obligations. The company separates USD liquidity into reserves for preferred dividends and debt interest, with remaining capital allocated for Bitcoin purchases and security buybacks. Saylor clarified that repurchases do not guarantee a price floor for STRC, nor does the security assure principal stability or dividend payments. The proposed daily accrual dividend plan for the U.S.-listed preferred stock remains subject to regulatory approval.