Strategy Inc. Reduces Debt by $1.5 Billion Through Repurchased Convertible Notes

Strategy Inc., a leading digital asset treasury firm, has taken significant steps to strengthen its balance sheet by repurchasing $1.5 billion worth of its 2029 convertible notes. This move marks one of the company's most notable deleveraging actions in recent quarters, bringing total outstanding debt down from $8.2 billion to $6.7 billion.

The repurchase was executed at a cost of approximately $1.38 billion and funded entirely through cash reserves rather than liquidating Bitcoin holdings or issuing additional equity tied to crypto exposure. The company emphasized that the transaction was strategically executed without interfering with its Bitcoin accumulation strategy, which remains unchanged at over 843,000 BTC.