🕵️ Strategy to Repurchase $1.5B Convertible Notes, May Fund Deal With #Bitcoin Sales


The company disclosed in an 8-K filing that it has agreed to repurchase approximately $1.5 billion principal amount of its outstanding 0% Convertible Senior Notes due 2029 for an estimated $1.38 billion in cash through privately negotiated transactions. Funding may come from cash reserves, ATM equity sales, and/or #Bitcoin sales. #cryptosona
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