Strategy to pay $1.38B to buy back $1.5B of its 2029 convertible notes

Strategy (NASDAQ: MSTR) has signed private buyback deals to take out about $1.5 billion of its 0% convertible senior notes due 2029, with the expected cash cost set near $1.38 billion. The company disclosed its plans through the Form 8-K in reference to item 8.01, other events following its agreements with selected holders on May...