Community Articles

via The Block · By The Block Editorial

Strategy to retire $1.5 billion in convertible notes at a discount, may sell bitcoin to fund buyback

BTC

BTC/USDT

$63,100.90

+0.16%

$63,100.90

+0.16%

(24s)

24h Volume

$2,094,484,875.05

24h H/L

$63,175.00 / $62,968.45

Change: $206.55 (0.33%)

Long/Short

68.0%

Long: 68.0%Short: 32.0%

Funding Rate

+0.0033%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$63,067.02

▼ -0.03%

Volume (24h): -

Resistance Levels

Resistance 3$64,507.45

Resistance 2$63,879.31

Resistance 1$63,135.87

Price$63,067.02

Support 1$62,882.63

Support 2$61,814.38

Support 3$61,056.47

Pivot (PP):$63,064.66

Trend:Downtrend

RSI (14):43.1

The Block Editorial

(01:16 PM UTC)

1 min read

Updated byJames Mitchell

0 comments

Strategy (NASDAQ: MSTR) plans to repurchase $1.5 billion worth of debt at a discount and listed bitcoin sales as a potential funding source.

The company entered into privately negotiated transactions with zero-coupon convertible note holders on May 14, with settlement expected on or about May 19, according to an 8-K filed with the SEC. In the deal, Strategy would pay approximately…

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

The Block Editorial · The Block

Read original →

Live BTC price →More BTC news →

Comments