Strategy Retires $1.5B of 2029 Notes, Lifts Bitcoin Holdings to 843,738 BTC

Strategy said it repurchased $1.5 billion principal of its 0% Convertible Senior Notes due 2029 for about $1.38 billion in cash on Tuesday, cutting total convertible obligations to $6.7 billion. It also reported buying 24,869 bitcoin using proceeds from STRC preferred stock and an at-the-market common stock program, bringing total holdings to 843,738 BTC and a year-to-date BTC Yield of 13.3%.