MicroStrategy will occupy 30% of the US convertible bond market issuance share by 2025 after renaming

According to CoinDesk, MicroStrategy (now renamed Strategy), MSTR has become the largest convertible bond issuer in the United States by 2025, accounting for 30% of the market. As of now, Strategy has issued a total of 6 outstanding convertible bonds, totaling $8.2 billion, with a weighted average maturity of 5.1 years and a coupon rate of 0.421%. Since the beginning of this year, the company has issued $2 billion in convertible bonds, accounting for 30% of the $280 billion US convertible bond market. Due to market volatility caused by the Bitcoin strategy, MSTR's stock price has rebounded by about 30% from its low on February 28th, after a previous maximum drawdown of 58%. Since adopting the Bitcoin asset management strategy in August 2020, Strategy has experienced 8 pullbacks of over 30%. In addition, the company is still seeking entry into the S&P 500 index and is expected to be eligible for inclusion if the Bitcoin price reaches $96000 by the end of Q1.