CoinEx News: Strategy Inc. (formerly MicroStrategy) announced a new capital framework on June 29, 2026, shifting its near-term priority from stacking more BTC to rebuilding cash. The message is defensive: Strategy does not look forced to sell BTC in the near term, but it has less room to keep buying unless fresh financing comes in. The company made no BTC purchases during June 22-28, kept holdings at 847,363 BTC, and authorized up to $1.25 billion of BTC sales to build the cash reserve if needed.

Its U.S. dollar reserve stood at about $2.55 billion as of June 28, covering roughly 17.4 months of expected preferred-stock dividends and debt interest. Cash coverage is now the key metric to watch. For crypto traders, that lowers immediate MSTR stress, but it also means Strategy may become a smaller BTC buyer for now and may sell some BTC later if cash reserve pressure returns.