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