Crypto company Strategy has announced the pricing of $2 billion in convertible senior notes, making it one of the largest bond issuances since adopting Bitcoin as its primary treasury reserve asset in 2020. The zero-interest convertible notes will be offered to institutional investors through a private placement. The company has granted initial purchasers the option for an additional $300 million, potentially bringing the total offering to $2.3 billion. This is Strategy's second-largest bond issuance since adopting Bitcoin. The company currently holds 478,740 Bitcoins, with an average acquisition price of $65,033 per Bitcoin and a current gain of around 49%.



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