The anisotropic Heisenberg (XXZ) model H = J Σ(SˣSˣ+SʸSʸ+ΔSᶻSᶻ) is exactly solvable via Bethe ansatz. Single-magnon dispersion ε(k)=J(cos k − Δ) separates ferromagnetic (Δ>1), critical XX (Δ=0), and gapped antiferromagnetic (Δ<−1) phases. Multi-magnon bound states appear as strings in rapidity space.