Strategy’s Convertible Bonds Soar as Stock Climbs Toward Record High
Five of Six Convertible Notes Now Deep in the Money Amid Bitcoin Gains The value of Strategy’s $8.2 billion in convertible debt has surged, now trading at a $5.2 billion premium, as the company’s common stock approaches its all-time high near $543. With bitcoin (BTC) holding steady around $119,000, investor sentiment toward Strategy’s long-term crypto-driven … Continue reading Strategy’s Convertible Bonds Soar as Stock Climbs Toward Record High
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