{"id":97513,"date":"2026-05-26T16:40:41","date_gmt":"2026-05-26T13:40:41","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=97513"},"modified":"2026-05-26T16:45:17","modified_gmt":"2026-05-26T13:45:17","slug":"strategy-repurchases-1-5-billion-of-its-own-bonds","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/strategy-repurchases-1-5-billion-of-its-own-bonds\/","title":{"rendered":"Strategy Repurchases $1.5 Billion of Its Own Bonds"},"content":{"rendered":"<p>Strategy has repurchased its own convertible bonds due in 2029 for $1.5 billion. The transaction was completed at a discount of approximately 8% to par.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Strategy has completed the repurchase of $1.5 billion of its 2029 Convertible Notes at an ~8% discount to par, generating an incremental 0.7% BTC Yield and lowering aggregate debt to $6.7 billion. <a href=\"https:\/\/twitter.com\/search?q=%24MSTR&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$MSTR<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24STRC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$STRC<\/a> <a href=\"https:\/\/t.co\/cbx4BlpsKV\">https:\/\/t.co\/cbx4BlpsKV<\/a><\/p>\n<p>\u2014 Michael Saylor (@saylor) <a href=\"https:\/\/twitter.com\/saylor\/status\/2059244226378915974?ref_src=twsrc%5Etfw\">May 26, 2026<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>As a result of this financial operation, the company&#8217;s total debt has been reduced to $6.7 billion. The yield on bitcoin assets per share increased by 0.7%. Since the beginning of the year, this indicator has reached 13.3%.<\/p>\n<p>In the week ending May 25, Strategy did not purchase any cryptocurrency. The company holds 843,738 BTC on its balance sheet.<\/p>\n<p>The total value of the accumulated digital assets is approximately $63.87 billion. The average purchase price of one bitcoin for the company over the entire period was about $75,700.<\/p>\n<p>The company&#8217;s founder, <a href=\"https:\/\/forklog.com\/en\/news\/michael-saylor-the-microstrategy-founders-biography-and-views\">Michael Saylor<\/a>, noted that the flexible capital structure allows for balance sheet optimization depending on market conditions. The firm&#8217;s liquid reserve in US dollars currently amounts to $871 million, and management plans to replenish it in the future.\u00a0<\/p>\n<h2 class=\"wp-block-heading\">Bitcoin Treasuries<\/h2>\n<p>Last week, small public companies acquired 602.6 BTC worth approximately $46 million:\u00a0<\/p>\n<ul class=\"wp-block-list\">\n<li>Strive <a href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/1920406\/000162828026036139\/asst-20260519.htm\">purchased<\/a> 381.6 BTC;<\/li>\n<li>DDC Enterprise Limited \u2014 <a href=\"https:\/\/www.businesswire.com\/news\/home\/20260521421324\/en\/DDC-Acquires-200-Bitcoin-Lifting-Total-Holdings-to-2583-BTC-Per-Share-Bitcoin-Exposure-Increases-Without-Dilution\">200 BTC<\/a>;<\/li>\n<li>The Smarter Web Company \u2014 <a href=\"https:\/\/www.investegate.co.uk\/announcement\/rns\/the-smarter-web-company-plc--swc\/bitcoin-purchase\/9578962\">19 BTC<\/a>;<\/li>\n<li>Hyperscale Data \u2014 <a href=\"https:\/\/www.prnewswire.com\/news-releases\/hyperscale-data-bitcoin-treasury-reaches-approximately-700-bitcoin-302781478.html\">2 BTC<\/a>.<\/li>\n<\/ul>\n<p>The firms made these purchases when the price of bitcoin fell below $80,000. For instance, Strive acquired the asset at an average price of $79,348, while DDC paid $79,496.\u00a0<\/p>\n<p>The activity of small businesses coincided with an outflow of funds from spot <a href=\"https:\/\/forklog.com\/en\/news\/what-is-a-cryptocurrency-etf\">exchange-traded funds<\/a> based on the leading cryptocurrency. Over six trading days, $1.54 billion was withdrawn from these instruments. Analysts at Santiment <a href=\"https:\/\/app.santiment.net\/insights\/read\/this-week-in-crypto-full-written-summary-w3-may-2026-10880\">described<\/a> this as a &#8220;counter-indicator,&#8221; noting that ETF investors&#8217; behavior often reflects retail sentiment rather than &#8220;smart money.&#8221;<\/p>\n<p>Currently, bitcoin treasuries include 198 public companies. They hold 1.24 million BTC \u2014 nearly 6% of the total market supply of the asset.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-2bab627c9e31bb29-5402857871826344.webp\" alt=\"Screenshot 2026-05-26 154837\" class=\"wp-image-280553\"\/><figcaption class=\"wp-element-caption\">Source: <a href=\"https:\/\/bitcointreasuries.net\/\">BitcoinTreasuries<\/a>.<\/figcaption><\/figure>\n<p>Back in May, SharpLink Gaming&#8217;s head Joseph Shalom <a href=\"https:\/\/forklog.com\/en\/news\/sharplink-criticizes-strategys-approach-to-crypto-asset-management\">criticized<\/a> Strategy&#8217;s approach to managing crypto assets.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Strategy has repurchased its own convertible bonds due in 2029 for $1.5 billion. The transaction was completed at a discount of approximately 8% to par.<\/p>\n","protected":false},"author":1,"featured_media":97514,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"Strategy repurchased $1.5 billion of its 2029 bonds at an 8% discount.","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1641,1207,1252],"class_list":["post-97513","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin-reserves","tag-microstrategy","tag-reports"],"aioseo_notices":[],"amp_enabled":true,"views":"5","promo_type":"1","layout_type":"1","short_excerpt":"Strategy repurchased $1.5 billion of its 2029 bonds at an 8% discount.","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/97513","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=97513"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/97513\/revisions"}],"predecessor-version":[{"id":97515,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/97513\/revisions\/97515"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/97514"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=97513"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=97513"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=97513"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}