CryptoNeutralBankless · May 156/10
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Strategy Announces $1.5B Bond Buyback, Contemplates BTC Sales
MicroStrategy is preparing a $1.5B bond buyback to repay early investors, signaling potential shifts in its capital allocation strategy. This move comes shortly after CEO Michael Saylor suggested the company would be open to selling Bitcoin holdings to fund dividends, raising questions about the firm's commitment to its Bitcoin accumulation thesis.
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