Trending Now - Bitcoin Investors Shift Focus to Bonds This Monday
WHO:
Bitcoinist - Michael Saylor, co-founder and chairman of Strategy
NewsBTC - Strategy, a Bitcoin treasury company
WHAT:
NewsBTC - Michael Saylor confirmed on X that "This week we bought bonds, not bitcoin. The ₿itVac is charging."
NewsBTC - Strategy's last big Bitcoin acquisition involved purchasing 24,869 BTC for roughly $2 billion, funded through sales of its STRC perpetual preferred shares and MSTR stock.
NewsBTC - Strategy's last big Bitcoin acquisition involved purchasing 24,869 BTC for roughly $2 billion.
NewsBTC - MSTR stock finished down 3% at $159.89 and has fallen more than 5% over the past week.
Bitcoinist - Strategy did not buy Bitcoin during the past week and opted to buy bonds instead.
NewsBTC - Strategy currently holds 843,738 BTC valued at around $65 billion.
NewsBTC - The company paid roughly $63 billion to acquire its Bitcoin holdings, resulting in about $1.50 billion in unrealized profit.
NewsBTC - Strategy announced it bought bonds instead of Bitcoin, with Saylor stating, "the ₿itVac is charging."
NewsBTC - Strategy plans to repurchase close to $1.5 billion in face value of its 0% convertible senior notes due 2029.
NewsBTC - The company expects to pay around $1.38 billion in cash for the debt reduction.
WHERE:
NewsBTC - The bonds are related to convertible senior notes due 2029.
WHEN:
NewsBTC - The bond purchases were made this week.
WHY:
NewsBTC - The decision to buy bonds instead of Bitcoin is part of a strategy to clean up its debt picture and prepare for future Bitcoin accumulation.
HOW:
NewsBTC - Reports indicate that no Bitcoin was sold to fund this week’s bond purchases, leaving the company’s BTC holdings intact.
NewsBTC - The company plans to cover the cost of the bond purchases without selling Bitcoin, keeping its BTC holdings intact.
NewsBTC - Strategy plans to cover the cost of the bond purchases through existing reserves, stock sales via its at-the-market program, and potentially some Bitcoin sales.
(UPDATED May 26, 2026 16:15 UTC)
Michael Saylor announced on X that his company has purchased bonds this week instead of Bitcoin, stating, "The ₿itVac is charging." The last significant Bitcoin acquisition involved buying nearly twenty-five thousand BTC for about $2 billion, which was financed through sales of its STRC perpetual preferred shares and MSTR stock. Notably, reports confirm that no Bitcoin was sold to facilitate this week's bond purchases, keeping the company's BTC holdings intact.
--
(UPDATED May 26, 2026 13:52 UTC)
In a significant move, Strategy recently acquired 24,869 Bitcoin for approximately $2 billion. Meanwhile, MSTR stock closed down 3% at $159.89, marking a decline of more than 5% over the past week. The company intends to finance its bond purchases without selling any of its Bitcoin, ensuring its holdings remain intact.
--
(UPDATED May 26, 2026 10:16 UTC)
Strategy, a Bitcoin treasury company co-founded by Michael Saylor, has opted to buy bonds instead of Bitcoin this week, despite holding an impressive 843,738 BTC valued at around $65 billion. The company plans to repurchase nearly $1.5 billion in face value of its 0% convertible senior notes due 2029, expecting to pay about $1.38 billion in cash for this debt reduction. Saylor noted that this decision is part of a strategy to clean up their debt picture and prepare for future Bitcoin accumulation, with funding coming from existing reserves, stock sales, and possibly some Bitcoin sales.