Strategy completes US$2 billion convertible senior note issuance
Online reports that Strategy today announced that it has completed the issuance of the previously announced 0% convertible senior notes due 2030 (the "Notes"). The total principal amount of notes sold in this offering was US$2 billion. After deducting expenses and estimated expenses, net income from the offering was approximately $1.99 billion. Strategy intends to use the net proceeds from the offering for general corporate purposes, including the acquisition of Bitcoin and working capital.
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