Crypto Mission
@cryptomission
šØ Strategy (formerly MicroStrategy, soon Bitcoin Strategy? š ) Announces $2 Billion Convertible Bond Offering to Buy Bitcoin š¢ Strategy has unveiled a $2 billion convertible bond issuance with: šµ 0% interest rate š Maturity date: March 1, 2030 š¹ Purpose of the funds: ā General corporate purposes ā Primarily for buying Bitcoin š¹ Bond repayment options: Cash šµ Class A shares š Or a combination of both š± š¶ Michael Saylor, after a brief buying pause, is back on the hunt for BTC. š° At current prices, this could add over 20,000 Bitcoins to their balance sheet. ā”ļø For context: Only 450 new BTC are mined daily. š š Supply shock incoming?
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