Wu said that according to MicroStrategy's official announcement, it has completed its previously announced 0% convertible senior notes due in 2029. The total principal amount of the notes sold in this offering is US$3 billion, which is an increase from the previously announced total principal amount of US$2.6 billion. After deducting the discounts and commissions of the initial purchasers and the estimated issuance expenses payable by MicroStrategy, the net proceeds from the sale of the notes are approximately US$2.97 billion. MicroStrategy intends to use the net proceeds from the sale of the notes to purchase more Bitcoin and for general corporate purposes.