Strategy buys back $1.5B of 2029 convertible notes at an 8% discount; bitcoin holdings rise to 843,738

Strategy said it repurchased $1.5B of its 2029 convertible notes for about $1.38B in cash, reflecting an 8% discount to par. The company also disclosed that it now holds 843,738 bitcoin. Year to date, Strategy reported a 13.3% BTC Yield, a 89,378 BTC gain, and $6.8B in BTC $ gain. It also cited an $871M USD reserve. Strategy said the actions were intended to reduce debt, increase balance-sheet flexibility, and continue growing bitcoin per share.