Michael Saylor’s Strategy repurchases $1.5 billion in convertible debt
Disclosure: The author of this story owns shares in Strategy (MSTR). Strategy (MSTR), the world’s largest corporate holder of bitcoin BTC$75,823.53, repurchased $1.5 billion of its 0% convertible senior notes due 2029 last week for $1.38 billion, opting to reduce debt rather than add to its bitcoin treasury, according to a filing released Tuesday. The...
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