MicroStrategy paused its bitcoin acquisitions this week.
The company repurchased approximately $1.5 billion of its convertible senior notes at a discount.
MicroStrategy paid about $1.38 billion to retire the debt.
The transaction saved the company around $120 million and reduced future liabilities.
Executive Chairman Michael Saylor called the move a temporary pause, posting on X that the "₿itVac is charging."
Proceeds from STRC preferred shares and common stock sales funded recent bitcoin purchases.
The debt repurchase marks a temporary shift in capital allocation.