Strategy shifted focus from buying more $BTC to strengthening its balance sheet, repurchasing $1.5 billion in convertible debt at an 8% discount. The move reduced liabilities while saving around $120 million.

At the same time, the company still expanded its Bitcoin reserves, adding 24,869 BTC. Strategy now holds 843,738 BTC with an average acquisition price near $75,700 per coin

Michael Saylor described the decision as part of a flexible capital allocation strategy, using debt management, equity programs, and BTC accumulation together depending on market conditions#BTC

Despite recent accounting losses caused by Bitcoin price volatility, Strategy continues treating BTC as its core treasury asset and remains one of the largest corporate Bitcoin holders in the world#Saylor

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