Strategy to Buy Back $1.5B Debt, May Tap Bitcoin for Funding
Strategy’s $1.5 Billion Debt Buyback Tests the Limits of Its “Never Sell Bitcoin” Playbook Strategy, the Bitcoin treasury company formerly known as MicroStrategy, plans to repurchase $1.5 billion of its 2029 convertible notes, with funding that could come from cash, stock sales, and possibly Bitcoin sales. That last part is the real eyebrow-raiser: the firm […]
Read Full Article