Strategy Announces 2 billion USD Convertible Senior Notes Issuance Pricing
2025-02-20 13:14:12
Official news strategy microstrategy announced $2 billion conversiondesk3cryptocurrencydesktopCrypto News
According to official news, Strategy (formerly MicroStrategy) announced pricing for the issuance of the $2 billion convertible senior notes. The conversion ratio for the notes will initially be 2.3072 shares of MicroStrategy Class A common stock per principal amount of $1,000 notes, which equates to an initial conversion price of approximately $433.43 per share.
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