Strategy (MSTR) Retires $1.5 Billion in Convertible Debt at a Discount, Bitcoin Holdings Hit 843,738 BTC
Bitcoin Magazine
Strategy repurchased $1.5 billion in convertible debt at an 8% discount while expanding its total bitcoin holdings to 843,738 BTC.Summary
Strategy recently repurchased $1.5 billion of its convertible senior notes at an 8% discount, saving approximately $120 million and reducing its total debt obligations to $6.7 billion. Executive Chairman Michael Saylor described the move as part of a dynamic capital allocation model. Simultaneously, the company utilized proceeds from equity programs to increase its bitcoin holdings to 843,738 BTC, maintaining a year-to-date BTC yield of 13.3%.
(Source：Bitcoin Magazine)