Strategy Plans $2 Billion Note Offering for Bitcoin Purchases
- Strategy announced a $2 billion convertible senior note offering, maturing in 2030.
- The notes carry a 0% interest rate, intended for general corporate purposes, including Bitcoin acquisitions.
- The company holds 478,740 Bitcoin valued at approximately $46 billion.
- Recent acquisition included 7,633 BTC at an average price of $97,255 per coin.
- Total investment in Bitcoin is about $31 billion with unrealized gains nearing $15 billion.
Strategy’s latest financial move involves issuing a significant convertible note offering to bolster its Bitcoin holdings further, which currently stand at substantial value and have generated notable unrealized gains.
Source (2.6)https://cryptobriefing.com/strategy-bitcoin-purchases-potential-resumption/?rand=59535
