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SWFT Trade announced that Strategy Inc. has repurchased approximately $1.5 billion of its 2029 convertible bonds at an estimated 8% discount, reducing total convertible debt to $6.7 billion and increasing its BTC yield by 0.7%.
Strategy Inc. has repurchased approximately $1.5 billion of its 0% Convertible Senior Notes due 2029 at around an 8% discount, resulting in a direct reduction of its outstanding convertible debt from about $8.2 billion to $6.7 billion. The company reported that this transaction increased its Bitcoin (BTC) yield by 0.7%, bringing its year-to-date BTC yield since 2026 to 13.3% and growing its BTC holdings to 843,738, valued at approximately $6.8 billion.
According to the filing, the repurchase was financed using a combination of cash, proceeds from at-the-market equity or preferred stock issuances, and potentially bitcoin sales. The move is presented as part of a broader balance-sheet management strategy, including optimizing leverage and maintaining the firm's multi-layered capital structure.
SWFT Trade is a hybrid cryptocurrency platform built on SWFT Blockchain that enables users to instantly swap, trade, pay, and share a wide range of cryptocurrencies, offering direct access to over 35,000 trading pairs and mobile apps for iOS and Android. The platform supports cross-chain swaps and provides multi-layered security, though it does not include features such as margin trading or futures. More details can be found in the broker profile on Traders Union.
For additional context, our earlier news about SWFT Trade covered their launch of multi-chain routing for Ethereum addresses using smart contracts and aggregated liquidity. You can read more in our previous SWFT Trade update on Traders Union.