Strategy reports net debt falling from $8.16B to $174M

  • Strategy reported a decline in net debt to $174M.
  • $8.16B was the earlier net-debt figure, compared with $174M currently.
  • Strategy still carries $6.71B in convertible debt and preferred dividend commitments.

Strategy said its net debt declined from $8.16 billion to $174 million, largely because of a larger dollar cash cushion. The company still has $6.71 billion in convertible debt and preferred dividend commitments. S&P left Strategy’s B- junk rating unchanged.

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