MicroStrategy's 2024 convertible bond issuance hits record high at $6 billion

MicroStrategy's founder and CEO cited statistics from The Wall Street Journal that the company's convertible bond issuance in 2024 reached about $6 billion, making it the largest convertible bond issuer in a single calendar year worldwide since 2013. This data surpasses the record set by Delivery Hero in 2020. The data is sourced from Bank of America and does not include mandatory convertible bonds or bonds that need to be converted into stocks before a specific date.