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 ...

Sept 29 (Reuters) - Global companies are ramping up convertible bond issuance in 2025, taking advantage of strong equity markets and investor appetite for hybrid debt, with tech and growth firms ...

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

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 ...