CoinInformerCoinInformer
Trading Investing

Strategy to equitize convertible debt over 3-6 years: Saylor

1 min read
Strategy to equitize convertible debt over 3-6 years: Saylor

MicroStrategy CEO Michael Saylor announced a strategy to equitize $6 billion in convertible debt over the next 3-6 years, asserting that the company can endure a potential 88% decline in Bitcoin prices. This move aims to strengthen MicroStrategy's balance sheet while aligning its financial structure with its ongoing Bitcoin investment strategy.

Read the full story at CoinTelegraph →


Source: CoinTelegraph · Report an issue

You might also like