Key dealers
- Strategy priced $ 2 billion in convertible leading banknotes in 2030 with a 35%premium.
- The company has 478 740 bitcoins with an average acquisition price of $ 65,033.
Today, Strategy announced pricing of $ 2 billion in convertible senior note Due to 2030, one of his largest emissions of bonds since he adopted Bitcoin marked as his primary Treasury Reserve access in 2020.
Strategy announces pricing of convertible senior note offer $ mstrers https://t.co/doubzi3hkb
– Michael Saylor⚡ (@Saylor) February 20, 2025
Convertible banknotes with zero interest rates will be offered through a private placement to institutional investors.
The company has granted the first buyers an alternative for an additional $ 300 million, which potentially gives the total offer to $ 2.3 billion. The offer is expected to close on February 21, 2025, subject to customary conditions.
This marks the strategy’s second largest issuance of bonds since he adopted Bitcoin as his primary Treasury reserve supply in 2020, after its $ 3 billion convertible bond offer in November 2024which carried a transformation premium of 55% and matures in 2029.
Strategy currently maintains a market capitalization of $ 80.5 billion.
The company has 478 740 bitcoins, including 258 320 Bitcoins acquired in 2024 and 7,633 bitcoins purchased between February 3 and February 9 2025.
The average acquisition price amounts to $ 65,033 per bitcoin, with a total cost of approximately $ 31.1 billion, which reflects a current profit of approximately 49% based on Bitcoin current price of $ 97,000.
In January last year, the strategy revealed its 2025 goals, Plans to collect $ 21 billion for bitcoin investments.