MicroStrategy 2024 Convertible Debt Issuance Hits Record High of $6 Billion
MicroStrategy's 2024 convertible debt issuance reached approximately $6 billion, making it the largest global issuer of convertible debt in a single calendar year since 2013, according to MicroStrategy's Founder and Chief Executive Officer, citing statistics from The Wall Street Journal. This figure surpasses the previous record set by Delivery Hero in 2020. Data is from Bank of America and excludes mandatory convertible bonds or bonds that require conversion to equity by a specific date.
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