Strategy plans to privately issue $2 billion convertible senior notes

BlockBeats news, on February 19th, according to official sources, Strategy (formerly MicroStrategy) announced plans to privately issue 0% convertible senior notes with a total amount of $2 billion. The notes will mature on March 1, 2030 and will only be issued to qualified institutional investors. The specific issuance situation will depend on market conditions and other factors. The raised funds will be used for general corporate purposes, including the acquisition of Bitcoin and as working capital