Strategy may sell Bitcoin to help fund $1.5B 2029 convertible debt repurchase

Strategy said on May 20, 2026 it plans to repurchase about $1.5 billion of its 2029 zero-coupon convertible notes at a discount, spending roughly $1.38 billion. The company listed cash, at-the-market stock sales, and potential bitcoin sales as funding sources, even as it says it aims to keep growing its long-term BTC holdings.