Michael Saylor Didn’t Buy Bitcoin This Week: Here’s The Strategy He Bought Instead

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This week’s strategy is on Bitcoin, and it’s putting capital instead of money instead of buying about 1.5 billion dollars of its convertible bonds at less than their face value.

CEO Michael Saylor described the decision as temporary. He pointed out that the company’s bitcoin mining engine is already gearing up for its slow move.

What are strategic bonds?

represent the excellent bonds that can be transferred to the strategic debt instruments of the company, which are scheduled to mature in 2029. The holder can transfer them to shares in shares if the strategic share exceeds a specified price level. The company raised $3 billion through this structure in November 2024, and focused almost entirely on buying bitcoin (btc).

It serves the purpose of repurchasing this debt. It reduces future liabilities and frees balance sheet flexibility before a btc buying round next. The strategy paid about $1.38 billion in cash to pay off $120 million worth of liabilities. and the company had already announced Accounting loss in the first quarter of 2026 amounting to 12.5 billion dollars, this is due in large part to the unrealized bitcoin write-off due to the new accounting.

On the X platform, see the sailor step of the week as a stop intended.

This week we bought bonds, not bitcoin. The ₿itVac is charging. pic.twitter.com/yUpVNiNTPT

– Michael Saylor (@saylor) May 24, 2026

اشرح الاستعارة “BitVac” machine buy بيتكوين عدي استراجية. he indicated The slowest process to buy btc in 2026 during this week Indeed, it slowed down in the short term, which made the full stop noticeable, but it was completely smooth.

Until May 24, the strategy is reserved at 843 738 btc worth approximately 64.45 billion dollars average purchase price 75,701 dollars per transaction, average purchase price 75,701 dollars per transaction, average purchase price August 2020. The strc share program launched by the company on fund flows etf btc for the most part.

этар битер шиф Fear of the death of microstrategyand mentioned that the model depends on btc prices constantly rising. as it is انتقد تعلق الرافعة المعلى في strc and considered it structurally unsound. Schiff may see bond repurchases as additional evidence of financial pressures rather than a strategy.

راقب ما آدي كانت BitVac ستشتعل ایکی ایک وکین اكامہ و ادی ستکت ادادایییییییییی.

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