Strategy Completes 2 billion USD Convertible Senior Notes Issuance
Strategy today announced that it has completed the previously announced offering of 0% Convertible Senior Notes due 2030 (the "Notes"). The total principal amount of the Notes sold in this offering is $2 billion. Net proceeds from this offering, net of fees and estimated expenses, are approximately $1.99 billion. Strategy intends to use the net proceeds from this offering for general corporate purposes, including the acquisition of Bitcoin and as Working Funds.