GuShiio.com has learned that Strategy (Nasdaq: MSTR) has announced plans to privately issue US$2 billion in 0% convertible senior notes to eligible institutional investors based on market conditions and other factors, with a maturity date of March 1, 2030. Initial buyers will have the option to purchase up to $300 million in additional notes. Strategy plans to use the funds raised for general corporate purposes, including Bitcoin acquisitions and working capital.
read the original