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The Nexus
BUSINESSMay 15 · 12:38 UTCCOINDESKAI Boost

Strategy to repurchase $1.5 billion of 2029 convertible bonds using cash or bitcoin sales

A company plans to repurchase $1.5 billion of its 2029 convertible bonds using either cash or proceeds from bitcoin sales. The strategy involves utilizing available funds or generating capital through cryptocurrency transactions. This approach aims to manage debt obligations effectively.

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