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MicroStrategy's convertible bond issuance in 2024 reached a record high of $6 billion.
In the news from TechFlow on January 24th, according to the statistics cited by MicroStrategy's founder and CEO in The Wall Street Journal, MicroStrategy's convertible bond issuance is expected to reach approximately $6 billion in 2024, making it the largest single calendar year convertible bond issuance globally since 2013.
The data exceeded the record set by Delivery Hero in 2020. The data is from Bank of America and does not include mandatory convertible bonds or bonds that need to be converted into stocks before a specific date.