Bitcoin Giant Strategy Slashes Cash Reserves by 61% to Repurchase $1.5 Billion in Debt
Strategy used 61% of its dedicated cash buffer to repurchase $1.5 billion in convertible notes, leaving its Bitcoin stash untouched
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Strategy taps cash reserve to retire $1.5 billion in convertible debt
Michael Saylor and team funded the repurchases using cash as it restructures liabilities tied to its BTC treasury strategy
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