#MarketRebound

Software intelligence firm Microstrategy (Nasdaq: MSTR), now rebranded as Strategy, has signaled an imminent bitcoin acquisition with its latest fundraising initiative. On Feb. 20, the company announced the successful pricing of its $2.0 billion offering of 0% convertible senior notes due 2030. The offering, expected to close on Feb. 21, grants initial purchasers an option to buy an additional $300 million in notes.