In the south, short selling MSTR (07399) doubled, with the stock rising nearly 15% during trading hours. As of the time of writing, it has risen by 11.49%, trading at 31.44 Hong Kong dollars, with a turnover of 3.6769 million Hong Kong dollars. On the news front, Strategy (MSTR.US) recently announced that it has completed a series of capital structure and Bitcoin transactions, including using approximately $1.38 billion in cash to repurchase $1.5 billion in principal amount of 0% convertible bonds due in 2029 at a discount of about 8%. Peter Schiff, CEO of Euro Pacific Capital, publicly questioned that this debt repurchase is covering Strategy's worsening liquidity problems, rather than demonstrating financial strength. It is worth noting that Strategy posted a net loss of $12.5 billion in the first quarter, mainly due to a significant drop in Bitcoin prices at the beginning of the year. The President and CEO of the company had previously stated that selling Bitcoin for dollars or using it to pay off debt, as long as it helps increase the value of Bitcoin per share, is within the company's consideration. This is the first time Strategy has publicly announced a shift in strategy since its founder and chairman Michael Saylor established the "never selling" principle.