The reactions of radicals [Mo 2 Cp 2 (µ-CO) 2 (CO) 2 (µ-L 2 )](BAr′ 4 ) [Cp ) η 5 -C 5 H 5 ; L 2 ) Ph 2 PCH 2 -PPh 2 (dppm), Me 2 PCH 2 PMe 2 (dmpm)] with an excess of the 1-alkynes HCCR (R ) p-tol, t Bu, CO 2 Me) give two main type of products, the paramagnetic alkyne-bridged complexes [Mo 2 Cp 2 (µ-η 2 :η 2 -HC 2 R)(CO) 2 (µ-L 2 )](BAr′ 4 ) and the diamagnetic dicarbonyls [Mo 2 Cp 2 {µ-η 2 :η 3 -HCC(R)C(OH)}(CO) 2 (µ-L 2 )](BAr′ 4 ), which result from coupling of the incoming alkyne and a hydroxycarbyne ligand. The reaction of [Mo 2 Cp 2 (µ-CO) 2 (CO) 2 (µ-dmpm)](BAr′ 4 ) with HCC(CO 2 Me) gave additionally the compound [Mo 2 Cp 2 {µ-η 2 :η 2 ,κ-C(CO 2 Me)CPMe 2 CH 2 PMe 2 }-(CO) 3 ](BAr′ 4 ), resulting from coupling of the diphosphine and the alkyne. The relative amounts of the products in the above reactions were found to be strongly dependent on the alkyne used. The compounds [Mo 2 Cp 2 {µ-η 2 :η 3 -HCC(R)C(OH)}(CO) 2 (µ-L 2 )](BAr′ 4 ) (R ) t Bu, CO 2 Me) experience overall deprotonation by reaction with DBU (1,8-diazabicyclo[5.4.0]undec-7-ene), to give the corresponding neutral species [Mo 2 Cp 2 {µ-η 2 :η 2 -HCC(R)C(O)}(CO) 2 (µ-L 2 )] through an unexpected reduction/dehydrogenation pathway. This overall deprotonation is reversible, and reaction of the neutral complexes with HBF 4 ‚OEt 2 occurs specifically at the oxygen atom of the acyl group to give the starting cations as BF 4salts. Unexpectedly, the reduction of the alkyne-bridged radicals [Mo 2 Cp 2 (µ-η 2 :η 2 -HC 2 R)(CO) 2 (µ-L 2 )](BAr′ 4 ) with Na amalgam gave unstable paramagnetic derivatives that could not be characterized. The complexes [Mo 2 Cp 2 {µ-η 2 :η 3 -HCC( t Bu)C(OH)}(CO) 2 (µ-dmpm)](BAr′ 4 ), [Mo 2 Cp 2 {µ-η 2 :η 2 ,κ-C(CO 2 -Me)CPMe 2 CH 2 PMe 2 }(CO) 3 ](BAr′ 4 ), and [Mo 2 Cp 2 {µ-η 2 :η 2 -HCC(CO 2 Me)C(O)}(CO) 2 (µ-dppm)] were characterized through single-crystal X-ray diffraction studies. The solution structures of all new compounds are analyzed in the light of IR and NMR spectra, and plausible reaction pathways are proposed in order to explain the formation of the products isolated.