---
title: "Strategy announces pricing of $2B debt issuance with 35% premium"
url: https://diffcoin.com/strategy-announces-pricing-of-2b-debt-issuance-with-35-premium/
description: "Strategy announces $2B convertible debt issuance at 35% premium, closing Feb 21, 2025, marking its second-largest bond offering."
published: 2025-02-20
updated: 2025-02-20
author: "Mila"
site: "Diffcoin"
---

# Strategy announces pricing of $2B debt issuance with 35% premium

### Key Takeaways

- Strategy priced $2 billion in convertible senior notes due in 2030 with a 35% premium.
- The company holds 478,740 bitcoins with an average acquisition price of $65,033.

Share this article

Today, Strategy announced the pricing of $2 billion in convertible senior notes due in 2030, marking one of its largest bond issuances since adopting Bitcoin as its primary treasury reserve asset in 2020.

> Strategy Announces Pricing of Convertible Senior Notes Offering [$MSTR](https://twitter.com/search?q=%24MSTR&src=ctag&ref_src=twsrc%5Etfw)
> 
> — Michael Saylor⚡️ (@saylor) [February 20, 2025](https://twitter.com/saylor/status/1892560581657346365?ref_src=twsrc%5Etfw)

The zero-interest convertible notes will be offered through a private placement to institutional investors.

The company has granted initial purchasers an option for an additional $300 million, potentially bringing the total offering to $2.3 billion. The offering is expected to close on February 21, 2025, subject to customary conditions.

This marks Strategy’s second-largest bond issuance since adopting Bitcoin as its primary treasury reserve asset in 2020, following its $3 billion convertible bond offering in November 2024, which carried a 55% conversion premium and matures in 2029.

Strategy currently maintains a market capitalization of $80.5 billion.

The company holds 478,740 Bitcoins, including 258,320 Bitcoins acquired in 2024 and 7,633 Bitcoins purchased between February 3 and February 9, 2025.

The average acquisition price stands at $65,033 per Bitcoin, with total expenditures of approximately $31.1 billion, reflecting a current gain of around 49% based on Bitcoin’s current price of $97,000.

Last January, Strategy unveiled its 2025 targets, planning to raise $21 billion for Bitcoin investments.

Share this article

[Source link](https://cryptobriefing.com/strategy-convertible-debt-issuance/)