Strategy retires $1.5B 2029 converts at ~8% discount, adds 24,869 BTC

On May 26, 2026, Strategy said it completed a $1.5 billion repurchase of its 2029 convertible notes for about $1.38 billion in cash, an ~8% discount to par. The company said the buyback was financed with cash plus at-the-market sales of MSTR common stock and STRC preferred stock, and it also bought 24,869 BTC in the same May 11–25 window. After the transactions, Strategy reported total Bitcoin holdings of 843,738 BTC and remaining convertible debt of $6.7B.