Strategy announced its intention to offer $2.0 billion in 0% convertible senior notes due 2030 in a private offering to qualified institutional buyers under Rule 144A of the Securities Act. The company also expects to grant initial purchasers an option to buy up to an additional $300 million in notes. The notes, which will not bear regular interest or accrete in principal, will be redeemable under certain conditions beginning in 2027 and will mature in 2030 unless converted, repurchased, or redeemed earlier. Conversion can be settled in cash, class A common stock, or a combination of both.

Strategy plans to use the proceeds for general corporate purposes, including acquiring Bitcoin and funding working capital. The offering is subject to market conditions, with no guarantee of completion. A live webinar for qualified institutional buyers will be held to discuss the offering.

As a publicly traded company, Strategy positions itself as the world’s largest Bitcoin Treasury Company, strategically accumulating Bitcoin through equity and debt financing while also providing AI-powered enterprise analytics software. Forward-looking statements indicate that the offering’s success depends on market conditions, and the company disclaims any obligation to update projections.