A Strategy recomprou US$ 1,5 bilhão de suas notas conversíveis com vencimento em 2029 por US$ 1,38 bilhão em dinheiro. A medida reduziu a dívida conversível total da empresa para US$ 6,7 bilhões.
A Strategy concluiu a recompra em transações negociadas de forma privada na semana passada. A empresa utilizou reservas de caixa em vez de vender bitcoin, reduzindo essas reservas de um nível anterior mais alto para US$ 871 milhões.
Usuários do X observaram que a Strategy recomprou US$ 1,5 bilhão em notas conversíveis com desconto usando reservas de caixa sem vender Bitcoin, reduzindo a dívida para US$ 6,7 bilhões. Reações positivas elogiaram o ajuste do balanço patrimonial e o rendimento em BTC. Alguns expressaram ceticismo sobre a reação negativa do mercado às ações e a preferência pela gestão de dívidas em vez de compras adicionais de BTC. Outros destacaram riscos na complexa estrutura de capital ou citaram críticos que questionam as reservas de caixa.
Strategy has used their USD Reserve to repurchase the $1.5 billion in convertible loans.
— Ragnar (@RoaringRagnar) 26 de maio de 2026
So it was not (2) or (3), it ended up being option (1) after all 😂@ZynxBTC https://t.co/CwXI5l0nl3 pic.twitter.com/cLoye1JFpF
@Strategy did what they said they would.
— Daily Stack 🥞 (@DailyStackHQ) 26 de maio de 2026
✅ $1.5B in convertible notes, bought back for $1.38B
✅ Zero Bitcoin sold. Not one sat.
✅ Debt trimmed down to ~$6.7B
Is the thesis playing out exactly as designed? pic.twitter.com/aOvYrr2uSK
Strategy just bought back $1.5 billion of its own debt at an 8% discount, paying $1.38B to retire notes that would have created a big repayment wall in mid-2028. Total outstanding convertible debt is now down to $6.7 billion.
— Todayq News (@todayqnews) 26 de maio de 2026
Markets didn't love it though, the stock dropped 3%…
Peter Schiff says Michael Saylor is running out of cash after Strategy’s $1.5B debt repurchase, questioning what he will sell next to keep the wheels from falling off.
— ElmerGavin (@elmer56888) 26 de maio de 2026
This is a valid balance sheet discussion, but the framing is too one-sided.
— ZenAlgo.com (@ZenAlgo_io) 26 de maio de 2026
Strategy buying back 2029 convertible debt at a discount is not automatically a red flag.
It can also be read as liability management:
retire debt below par,
reduce future obligations,
and clean up the…
Reportado por IA Imagem gerada por IA
Strategy acquired 1,550 Bitcoin for approximately $101 million during the week ended June 7. The purchase raised the company's total holdings to 845,256 BTC. It also increased its U.S. dollar reserves by $100 million to reach $1 billion.
Strategy, the world's largest Bitcoin treasury company, agreed on May 15 to repurchase roughly $1.5 billion principal amount of its 2029 convertible notes for an estimated $1.38 billion in cash. The firm may fund the transaction through cash reserves, ATM equity sales, or Bitcoin proceeds.
Reportado por IA
Strategy acquired 24869 bitcoin last week in a purchase valued at 2.01 billion dollars. The transaction was funded largely through sales of its preferred stock. The move increased the firm's total holdings to 843738 bitcoin.
Strategy disclosed the sale of 32 Bitcoin in late May, marking its first such transaction to cover preferred stock payments. The move rattled investors and contributed to a sharp drop in the company's shares and Bitcoin prices.
Reportado por IA
Strategy boosted its U.S. dollar reserves to $3.225 billion last week by selling common stock. The company left its Bitcoin holdings unchanged at 843,775 BTC. This marks the second consecutive week it has raised cash without selling Bitcoin.
Michael Saylor shared a chart on Sunday indicating Strategy holds 847,363 Bitcoin worth about $50.9 billion. The post came as the company's stock continued to decline amid questions over its funding approach.
Reportado por IA
Strive disclosed a $7.08 million decline in the fair value of its Strategy preferred stock position over eight days in June. The drop occurred without any change in share count and highlighted broader pressure on Bitcoin treasury preferred securities. Strategy responded with a new capital management framework.