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  • Claim

Name

BMAX, the first convertible-bonds ETF issued by REX Shares, aims to simplify access to convertible bonds issued by companies that use debt financing to acquire bitcoin for their corporate treasury, a strategy popularized by Strategy Executive Chairman Michael Saylor

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Claim

Quotes that support claims

Pioneered by Strategy Executive Chairman Michael Saylor, an increasing number of public companies are issuing convertible bonds to finance bitcoin acquisitions for their treasury, with BMAX aiming to simplify access to such bonds
REX Shares has launched a first-of-its-kind convertible-bonds exchange-traded fund (ETF), allowing investors exposure to the convertible debt issued by corporates to add bitcoin to their balance sheet

Related people

Michael Saylor

Related projects

REX Shares
Strategy

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Summary

Crypto news

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