Strategy Raises $2B for Bitcoin—Is It Taking on Too Much Debt?

The post Strategy Raises $2B for Bitcoin—Is It Taking on Too Much Debt? appeared first on Coinpedia Fintech News

Strategy is once again making waves with its aggressive Bitcoin strategy. The company plans to raise $2 billion through a private sale of convertible bonds, which are set to mature in 2030. These bonds won’t pay regular interest, but investors can choose to convert them into cash or Strategy’s Class A shares. With this move, …