{"id":918724,"date":"2026-07-09T23:19:38","date_gmt":"2026-07-10T04:19:38","guid":{"rendered":"https:\/\/newsycanuse.com\/index.php\/2026\/07\/09\/bitcoin-news-today-saylor-moves-to-microstrategy-2-0-with-treasury-bonds-as-the-company-stops-buying-btc\/"},"modified":"2026-07-09T23:19:38","modified_gmt":"2026-07-10T04:19:38","slug":"bitcoin-news-today-saylor-moves-to-microstrategy-2-0-with-treasury-bonds-as-the-company-stops-buying-btc","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2026\/07\/09\/bitcoin-news-today-saylor-moves-to-microstrategy-2-0-with-treasury-bonds-as-the-company-stops-buying-btc\/","title":{"rendered":"Bitcoin News Today: Saylor Moves to MicroStrategy 2.0 with Treasury Bonds as the Company Stops Buying BTC"},"content":{"rendered":"

Bitcoins <\/p>\n

\n
\n
\n

\n <\/p>\n

Author<\/p>\n

\n

Ahmed Barakat<\/p>\n

\n
\n

\n <\/p>\n

\n
\n

Author<\/p>\n

Ahmed Barakat<\/span>\"bitcoins<\/span>\n <\/p>\n<\/p><\/div>\n

\n

Part of the Team Since<\/p>\n

Aug 2025<\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n

\n

About Author<\/p>\n

Ahmed Balaha is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation.<\/p>\n<\/p><\/div>\n<\/div><\/div>\n<\/p><\/div>\n

\n

<\/span>
\n Fact Checked by<\/span>\n <\/p>\n

\n

CryptoNews Editorial Team<\/p>\n

\n
\n
\n

Author<\/p>\n

CryptoNews Editorial Team<\/span>\"bitcoins<\/span>\n <\/p>\n<\/p><\/div>\n

\n

Part of the Team Since<\/p>\n

Sep 2018<\/p>\n<\/p><\/div>\n<\/p><\/div>\n

\n

About Author<\/p>\n

The CryptoNews editorial team is composed of seasoned writers specializing in cryptocurrency and blockchain technology. Their expertise ensures comprehensive, accurate, and insightful content for…<\/p>\n<\/p><\/div>\n<\/div><\/div>\n<\/p><\/div>\n

\n

Last updated:\u00a0<\/p>\n

\"bitcoins<\/p>\n

In Bitcoin News today, Strategy has paused its BTC purchases this week to repurchase $1.5 billion in face value of its 0% convertible senior notes due 2029 for approximately $1.38 billion in cash. Michael Saylor confirmed it himself on X with a single line: \u201cThis week we bought bonds, not bitcoin. The \u20bfitVac is charging.\u201d<\/em> <\/p>\n

<\/figure>\n

This is no longer a one-way accumulation machine. Strategy is now actively managing its capital structure, retiring debt at a discount, recycling capacity, and integrating US Treasury instruments as a yield-generating funding leg. The company that pioneered corporate Bitcoin accumulation is evolving into something closer to a macro carry trade vehicle.<\/p>\n

Discover: The Best Crypto to Diversify Your Portfolio<\/a><\/u><\/strong><\/p>\n

Bitcoins Treasury Yield Leg Could Work<\/h2>\n

The mechanics are straightforward, with Strategy raising capital through equity sales, convertible notes, and perpetual preferred shares like STRC. A portion of the capital gets parked in short-duration US Treasuries and money-market instruments, generating yield while BTC accumulation conditions are evaluated.<\/p>\n

That yield becomes the \u201csafe leg\u201d of a macro barbell as Treasuries generate cash flow that can service dividends on STRC, fund opportunistic buybacks of discounted convertibles, and eventually recycle into BTC purchases when the entry is right. <\/p>\n

\n
\n
\n
\n

Buying bonds opens up @MicroStrategy<\/a> to more cashflow, but there appears to be a shift in the weekly buys from the company. <\/p>\n

In the last month or so the narrative has shifted from never sell bitcoin:native, to sometimes sell bitcoin:native, to buying bonds. <\/p>\n

Is this bullish?\u2026 https:\/\/t.co\/1mQcoULkuT<\/a><\/p>\n<\/div>\n

\u2014 BSCN (@BSCNews) May 24, 2026<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n

The Carry Trade logic here is that Strategy borrows or issues at ultra-low cost (0% coupon on the 2029 notes, fixed dividends on STRC) and earns spread against Treasury returns and BTC appreciation. <\/p>\n

The $1.38 billion bond repurchase this week is a direct expression of that logic. Strategy is retiring debt at a discount to face value ($1.38B cash for $1.5B face), which immediately improves its balance sheet, reduces future share dilution (fewer notes means fewer potential conversion events into MSTR equity), and increases Bitcoin per share for existing holders.<\/p>\n

Strategy currently holds 843,738 BTC, worth $65.25 billion, against an acquisition cost of $63.88 billion, for approximately $1.50 billion in unrealized profit. No Bitcoin was sold to fund this bond repurchase. The BitVac, as Saylor frames it, is recharging. It is not liquidating.<\/p>\n

Bitcoins Bitcoin News Today: What the Carry Trade Structure Does to MSTR\u2019s Risk Profile<\/h2>\n

MSTR is no longer a clean Bitcoin proxy. It is a layered instrument: BTC price exposure stacked on top of rate sensitivity stacked on top of equity volatility. Institutional desks now need to model three variables simultaneously, and that changes how the stock behaves in different macro regimes. <\/p>\n

The clearest structural risk is the 2028 liquidity window. Strategy carries around $3 billion in convertible notes with put rights that allow holders to demand cash repayment beginning June 2028. If capital markets are closed, or MSTR is trading poorly relative to conversion prices, those obligations could force Bitcoin sales at the worst possible time. That is precisely why Strategy is front-loading debt retirement now, while it trades at a discount and before the put window opens.<\/p>\n

Discover: The Best Token Presales<\/a><\/u><\/strong><\/p>\n

\n <\/p>\n

\n \n \n \n \n <\/svg>
\n Follow us on Google News <\/a>\n <\/p>\n<\/p><\/div>\n

Jeanice Pepper Read More<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Author Ahmed Barakat Author Ahmed Barakat Part of the Team Since Aug 2025 About Author Ahmed Balaha is a journalist and copywriter based in Georgia with a growing focus on blockchain technology, DeFi, AI, privacy, digital assets, and fintech innovation. Fact Checked by CryptoNews Editorial Team Author CryptoNews Editorial Team Part of the Team Since<\/p>\n","protected":false},"author":1,"featured_media":918725,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4041,695],"tags":[11476],"class_list":["post-918724","post","type-post","status-publish","format-standard","has-post-thumbnail","category-bitcoin","category-today","tag-bitcoins"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/918724","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=918724"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/918724\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/918725"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=918724"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=918724"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=918724"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}