Strategy said Friday it plans to repurchase $1.5 billion in 2029 convertible notes as investor demand for its STRC preferred stock continues to surge.

Strategy said Friday it plans to repurchase $1.5 billion in 2029 convertible notes as investor demand for its STRC preferred stock continues to surge.

Strategy plans Bitcoin sales to fund $1.5B convertible note repurchase, marking a shift in its Bitcoin repurchase strategy.

Strategy is buying back $1.5 billion of its 2029 convertible notes for $1.38 billion, potentially selling bitcoin to fund the deal.

MicroStrategy plans to sell Bitcoin to fund a $1.5 billion convertible note buyback. Sale by December 31, 2026 at 93.5% YES.