Strategy plans to repurchase about $1.5 billion of convertible notes, with the final price tied partly to its stock performance. The filing also lists

Strategy is taking steps to pare down convertible debt with an agreement to repurchase $1.5 billion in notes—and again teased Bitcoin sales.

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.