MicroStrategy Stock Fuels 3-Year Convertible Bond Peak As Bitcoin Hits $93k

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6 months ago bitnews

MicroStrategy stock has surged this month, propelling the U.S. convertible bond market to its highest returns in three years. The company’s February 2027 convertible bonds climbed 60 cents on the dollar in November, marking their best monthly performance since issuance in 2021. This growth is driven by Bitcoin’s recent rally, with the cryptocurrency reaching a The post MicroStrategy Stock Fuels 3-Year Convertible Bond Peak As Bitcoin Hits $93k appeared first on CoinGape .