Strategy completes $1.5B convertible note buyback at 8% discount, reducing total convert debt to $6.7B

Michael Saylor's Strategy has completed a $1.5 billion repurchase of its convertible notes at an 8% discount. The transaction reduces the company's total outstanding convertible debt from $8.2 billion to $6.7 billion. Strategy reports holdings of 843,738 BTC and $871 million in U.S. dollar reserves.