Strategy: Repurchases $1.5B Notes at 8% Discount
Strategy buys back $1.5 billion 2029 notes at 8% discount, lifts BTC yield 0.7% and cuts debt to $6.7 billion. $MSTR $STRC
SourceAnalysis
Strategy completed the repurchase of $1.5 billion 2029 Convertible Notes at an 8% discount to par, adding 0.7% incremental BTC Yield and trimming total debt to $6.7 billion. $MSTR $STRC
Price sits at $76986.7 inside the Bollinger Bands with upper resistance at $78196.83. The EMA50 at $77219.74 and EMA200 at $77335.09 form layered resistance while MACD golden cross at 62.22 supports continuation; any rejection at the upper band should target the 50-EMA support before fresh highs.
Michael Saylor
@saylorMicroStrategy's founder and Bitcoin advocate, pioneering institutional crypto adoption while sharing free education through saylor.org.