Strategy Announces $2 Billion Note Offering to Fund Bitcoin Purchases
TLDR: Strategy (formerly MicroStrategy) announces $2 billion convertible senior notes offering due 2030, with potential $300 million additional notes Notes will be zero-interest, unsecured obligations with conversion rights to cash or company stock Proceeds intended for Bitcoin purchases and general corporate purposes Offering limited to qualified institutional buyers under Rule 144A Announcement follows recent pause […]
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