Strategy Leans On Equity Conversion To Sustain Aggressive Bitcoin Exposure

February 16, 2026

Strategy Inc, NasdaqGS:MSTR, has highlighted its focus on resilience to sharp Bitcoin price declines. The company is pursuing a plan to convert about $6b of bond debt into equity as part of its ongoing Bitcoin accumulation approach. Management has reiterated its intention to keep adding Bitcoin despite substantial unrealized losses on existing holdings. Strategy, trading at $133.88, sits at the center of the corporate Bitcoin conversation, with its share price reflecting sharp swings in…