MicroStrategy announced plans to redeem $1.05 billion in corporate debt, largely related to its Bitcoin acquisition strategy. Under CEO Michael Saylor, the firm has amassed approximately 461,000 Bitcoin, valued around $49 billion, making it the largest corporate Bitcoin holder since it began purchasing in August 2020. The company previously issued convertible notes as part of its strategy to leverage funds for Bitcoin purchases. Currently, MicroStrategy is executing a redemption of its notes, where holders can convert the debt into shares until February 20. By redeeming these notes early, MicroStrategy aims to lower its financial leverage while postponing repayment risks until 2028. This ongoing strategy reflects the company's strong commitment to Bitcoin and plans to finance further investments in the cryptocurrency market, despite the associated risks of debt management and market fluctuations.

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