Strategy raises another $2 billion with proceeds earmarked for bitcoin purchases - MarketWatch
1. MSTR priced $2B zero-coupon convertible bonds for bitcoin purchase. No interest is paid. 2. Proceeds of $1.9B to fund further bitcoin buys and working capital. Conversion option set at $433.43. 3. Company's plan includes raising $42B over three years. Equity and fixed-income instruments are targeted. 4. Bitcoin holdings doubled in 2024 amid workforce cuts. Strategy reaffirms bitcoin as its treasury reserve.