A mandatory convertible bond requires conversion into common stock by a set date. Learn how this financial instrument works and its potential benefits for investors.

With bitcoin steady near its record price and the company's shares rebounding toward $450, five of the six bonds outstanding are deep in the money, meaning the stock price exceeds their conversion ...

Strategy plans to convert $6B in convertible debt to equity over 3–6 years while holding 714,644 BTC worth $49B.

Convertible bonds and convertible stocks are a tool that public companies often use for large financings to avoid disturbing their equity cap tables. Warren Buffett’s Berkshire Hathaway has been a big ...

Michael Saylor’s firm outlined a strategy that would involve converting its debt into equity in the next three to six years.

A team of traders specializing in convertible bonds at multistrategy hedge fund LMR Partners is on track for record yearly gains as a surge in issuances and a pickup in corporate actions create a ...

Michael Saylor said on Sunday that Strategy (previously known as Microstrategy) plans to convert roughly $6 billion of its convertible debt into equity over the next three to six years, aiming to ...

CleanSpark Inc. is looking to raise $1 billion in a sale of convertible bonds, as the Bitcoin miner and data center operator seeks to fund its growing footprint. The Las Vegas-based company is ...