Strategy to Repurchase $1.5B in Convertible Notes on May 16

GateNews
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According to CoinDesk, on May 16, bitcoin-holding software company Strategy announced it will repurchase approximately $1.5 billion of its 0% convertible senior notes due 2029 through privately negotiated deals. The company plans to pay about $1.38 billion in cash, funding the repurchase from cash reserves, share sale proceeds, and potentially bitcoin sales, with settlement expected around May 19.

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· 34m ago
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· 34m ago
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Yang728686vip
· 34m ago
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