Possible Earthquake In The Crypto Market; Strategy Company Prepares To Sell Bitcoin!

According to SAEDNEWS, Strategy announced that it may use foreign exchange reserves or the sale of digital assets to repurchase approximately $1.5 billion of its 2029 convertible bonds. In its official report to investors, the company confirmed that asset sales are one of the main options for providing the required liquidity.

This decision comes at a time when Bitcoin’s price is in a sensitive range, and any selling pressure from this major institution could affect the entire cryptocurrency market.

Details Of The Bond Buyback And Debt Roadmap

Strategy plans to allocate $1.38 billion in liquidity to redeem the mentioned bonds. According to financial filings, in addition to cash reserves and stock sales, the company has listed Bitcoin sales as an official financial source for its medium-term obligations.

Strategy, which had previously become famous for continuously accumulating this digital currency, is now facing debt maturities that extend through 2029. The company’s total redeemable debt by that time reaches approximately $6.71 billion, equivalent to nearly 84,900 Bitcoins.

Possible Impact On The Market And Risk Management

Analysts believe that if Strategy finances the entire current buyback cost through Bitcoin sales, it would need to sell around 17,448 Bitcoins from its holdings, equivalent to 2.1 percent of the company’s total reserves of 818,869 Bitcoins. Although the use of over-the-counter (OTC) trading desks on exchanges such as Coinbase could reduce the immediate impact on prices, news of potential asset sales could prompt traders to react in advance and trigger downward movements in the market.

Possible Scenarios For Strategy

The company noted in its report that if the market views Bitcoin sales negatively, the liquidity power of this asset could decline. However, with its dollar reserves and stock-selling capacity, Strategy still has options to avoid selling Bitcoin.

If the company succeeds in settling its debts without touching its digital currency reserves, market confidence in the stability of this asset will be maintained. Otherwise, debt maturity dates could turn into major selling pressure points on traders’ calendars.