Strategy (MSTR) Files To Repurchase $1.5B In 2029 Convertible Notes As STRC Hits Record $1.53B Daily Volume

Bitcoin Magazine Editorial

(01:01 PM UTC)

1 min read

Strategy, the Tysons Corner-based software and Bitcoin treasury firm formerly known as MicroStrategy, filed a Form 8-K on Friday announcing plans to repurchase $1.5 billion of its convertible notes due 2029 — a significant balance sheet move that comes as the company’s preferred stock instrument, STRC, continues to attract record investor demand.

The repurchase announcement arrives one day…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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