BBX: Strategy completed a $1.5 billion convertible bond buyback at a discount, with holdings of 843,738 BTC unchanged; Strive holdings increased to 16,500 BTC
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According to BBX, yesterday's data confirmed that Strategy is shifting from being a pure BTC "accumulation machine" to a more active capital structure manager; Strive's weekly increase of 1,109 coins remains steady, and the SATA financing flywheel continues to operate. Key points: — Strategy: $1.5 billion in 2029 convertible bonds have been repurchased at about an 8% discount (actual payment approximately $1.38 billion), reducing total outstanding convertible bonds from $8.2 billion to $6.7 billion; no new BTC was purchased during this period, current holdings at 843,738 coins; BTC Yield 0.7%/Gain 4,391 coins/$333 million; USD Reserve $871 million; since 2026, Yield 13.3%/Gain 89,378 coins/$6.8 billion. — Strive: Between May 18-22, holdings increased by 1,109 coins to 16,500 coins; cash $93.3 million (+$6 million); STRC $50.1 million; 2.23 million Class A shares, 515,000 SATA shares; since 2026, BTC Yield is approximately 18.4%. Source: bbx.com
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