Strategy buys back $1.5B of debt at discount, cuts outstanding notes to $6.7B

Strategy used 61% of its dedicated cash buffer to repurchase $1.5 billion in convertible notes, leaving its Bitcoin stash untouched.

Strategy retired $1.5 billion in convertible debt at a discount on Tuesday and disclosed it now holds 843,738 bitcoin, reflecting a year-to-date BTC Yield of 13.3%. Strategy Retires $1.5 Billion in Debt at 8% Discount and Adds 24,869 Bitcoin The Tysons Corner, Virginia-based company repurchased $1.5 billion aggregate principal amount of its 0% Convertible Senior […]

Smaller Bitcoin treasury companies bought about $46 million worth of Bitcoin below $80,000 last week as the largest corporate holder paused its weekly buys.

Strategy's debt reduction and flexible capital model may enhance financial stability, allowing for strategic Bitcoin accumulation and reserve growth. The post Strategy buys back $1.5B in convertible notes as Saylor pauses Bitcoin purchases appeared first on Crypto Briefing.

Michael Saylor has confirmed that Bitcoin treasury company Strategy skipped out on Bitcoin accumulation this week, opting to buy bonds instead. Strategy Has Paused Bitcoin Accumulation For Now In a new post on X, Strategy co-founder and chairman Michael Saylor revealed that the company didn’t buy Bitcoin during the past week. This post was the […]

Strategy and BitMine pause crypto buying while firms accumulate $47M BTC amid mixed market trends and declining liquidity conditions weekly Corporate Bitcoin activity showed mixed trends during the latest weekly period. Some firms paused purchases while others continued accumulation. Despite a short-term slowdown in activity, market data showed that institutional activity remained steady. The overall […] The post Strategy and BitMine Pause Crypto Buying as Firms Add $47M in Bitcoin appeared first on Live Bitcoin News.

Strategy and BitMine paused weekly buys as four public firms added 612 BTC worth $47.5m, while stablecoin liquidity fell $687m.

Strategy currently holds 843,738 BTC valued at around $65 billion, making it one of the largest corporate holders of the cryptocurrency in the world. The company paid roughly $63 billion to acquire that stash, leaving it sitting on about $1.50 billion in unrealized profit. Related Reading: History Shows Bitcoin ETF Outflows Favor Accumulation, Says Santiment A Brief Pause, Not A Retreat None of that stopped Michael Saylor from announcing something that caught the crypto market off guard this week. The executive chairman confirmed on X that Strategy bought bonds this week instead of adding to its Bitcoin pile, writing that “the BitVac is charging” — a phrase suggesting the pause is temporary and the buying machine is being readied again. The move comes as Strategy works through a plan to repurchase close to $1.5 billion in face value of its 0% convertible senior notes due 2029. Reports indicate the company expects to pay around $1.38 billion in cash, drawing on existing reserves, stock