Strategy Buys Back $1.5B of 2029 Convertibles at ~8% Discount; YTD BTC Yield Hits 13.3%

Strategy (@Strategy) said it repurchased $1.5 billion of its 2029 convertible notes at an estimated 8% discount, adding 0.7% to BTC yield and cutting total debt to $6.7 billion. Since the start of 2026, the company has posted a 13.3% BTC yield, accumulating 89,378 BTC worth about $6.8 billion. As of May 25, 2026, Strategy held 843,738 BTC purchased for roughly $63.87 billion in total, implying an average cost of about $75,700 per BTC.