VERIFIEDBy Xavier Rivera·Markets· ·via CoinTelegraph·1.5 min read
MicroStrategy Buys Back $1.5B Notes at 8% Discount, Cuts Debt to $6.7B
MicroStrategy repurchased $1.5 billion of 2029 convertible notes for $1.38 billion cash at an 8% discount, cutting total outstanding notes from $8.2 billion to $6.7 billion. The debt reduction was praised for removing repayment uncertainty in 2028 but shares still fell 3% as both the stock and Bitcoin have declined sharply over the past year.
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