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
Market Pulse
Bitcoin 'liquidation hunts' control BTC at $77K amid new Iran peace deal doubts
Bitcoin failed to copy US stocks' upside after a spike to $78,000 became one of a series of liquidity grabs
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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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