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Strategy repurchases $1.5B convertible notes, pauses Bitcoin buys, holds 843,738 BTC worth $65B

Market News
26 May 2026
Crypto Briefing
View Source
Bullish
pluang ai news

Strategy paused Bitcoin purchases from May 18-25 to focus on repurchasing $1.5 billion of its convertible notes at an 8% discount, reducing debt from $8.2 billion to $6.7 billion. The buyback was funded by cash and equity issuance without selling any Bitcoin, which remains at 843,738 BTC valued at about $65 billion. Year-to-date, the company has gained 89,378 BTC and $6.8 billion in Bitcoin value. Executive Chairman Michael Saylor emphasized the company's strategy to balance Bitcoin accumulation with managing liabilities and dividends, targeting a 2.3% breakeven rate for Bitcoin appreciation.

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