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…

Add COINOTAG as a Preferred Source

Add COINOTAG to your preferred sources in Google News and Search to see our coverage first.

Add on Google

Source

Bitcoin Magazine Editorial · Bitcoin Magazine

Read original →

Comments