Strategy lures investors with better terms for $2 billion debt offering

Michael Saylor’s Strategy is adjusting the terms of its $2 billion convertible debt deal, slashing the conversion premium to 35% in an effort to attract investors, according to a report from Bloomberg. The company, which until recently operated under the name MicroStrategy, targeted a 40%-50% conversion premium for the zero-coupon convertible notes maturing in 2030 […] source: https://www.cryptopolitan.com/strategy-lures-investors-with-better-terms-for-2-billion-debt-offering/