Strategy Inc completes $1.5B debt repurchase, holds 843,738 bitcoin

Strategy Inc completed a $1.5 billion repurchase of convertible notes for $1.38 billion cash, reducing total convertible debt from $8.2 billion to $6.7 billion. The company generated $333 million in bitcoin gains and achieved 13.3% year-to-date BTC yield while maintaining a $871 million USD reserve.