PANews reported on March 6 that according to CoinDesk, MicroStrategy (now renamed Strategy, MSTR) has become the largest convertible bond issuer in the United States in 2025, accounting for 30% of the market . As of now, Strategy has issued 6 outstanding convertible bonds with a total of US$8.2 billion , a weighted average maturity of 5.1 years, and a coupon rate of 0.421%. So far this year, the company has issued US$2 billion in convertible bonds , accounting for 30% of the US$280 billion convertible bond market in the United States . Due to the market volatility brought about by the Bitcoin strategy, MSTR's stock price has rebounded by about 30% from the low point on February 28 , after a maximum retracement of 58%. Since adopting the Bitcoin asset management strategy in August 2020, Strategy has experienced 8 retracements of more than 30% . In addition, the company is still seeking to enter the S&P 500 index , and it is expected that if the price of Bitcoin reaches US$96,000 at the end of Q1, the company will be eligible for inclusion .