MicroStrategy settled the repurchase of $1.50 billion in 0% Convertible Senior Notes due 2029. The transaction closed on May 19, 2026. The company paid an estimated aggregate cash price of $1.38 billion.
Funding for the buyback stems from cash reserves, equity offerings, or potential bitcoin sales. This initiative is part of a broader capital restructuring effort to manage convertible debt.
The repurchase reduces future obligations and aims to improve the company's balance sheet. MicroStrategy stock declined following the initial announcement of the plan on May 15, 2026.