🟢 MSTY is trading 3.2% up today following MicroStrategy's new capital framework, buyback authorizations, and dividend hike
MSTY
MSTY is trading at $13.38 (3.2% up) in after-hours sessions, driven by significant developments from its underlying asset, MicroStrategy (MSTR).
MicroStrategy announced a new Digital Credit Capital Framework, authorizing up to $1 billion in stock repurchases and a program for selective bitcoin monetization.
The company's board also approved a $1 billion Class A share repurchase program and raised the STRC preferred dividend to 12% from July 2026.