💰 MicroStrategy $MSTR just announced it will redeem $1.05B in convertible notes due 2027 and settle conversions entirely in Class A stock. 

Here’s the breakdown:
🔑 Redemption Date: Feb. 24
💸 Conversion Rate: 7.0234 shares per $1,000 principal (conversion price: $142.38/share).
📅 Deadline: Holders must convert by Feb. 20.

But wait, there’s more…
MicroStrategy is playing big in the Bitcoin game! Last week, it snagged 11,000 BTC for $1.1B at an average price of $101,191 per Bitcoin, boosting its total stash to 461,000 BTC (worth $29.3B). 😱

Their bold Bitcoin-first strategy has even influenced heavyweights like $TSLA, $SQ, $MARA, and $COIN.
#MSTR