"MicroStrategy, one of the world's largest public holdings of Bitcoin (BTC), just completed a convertible note issuance to purchase additional BTC. 🚀

- The aggregate principal amount of the notes sold in the offering is $800 million, including $100 million of notes issued pursuant to a call option.

- The net profit from the sale of the notes was approximately $786 million, net of initial purchaser discounts and commissions and estimated costs of the issuance.

- MicroStrategy intends to use net profits from the sale of the notes to purchase additional Bitcoin and for general corporate purposes.

- MicroStrategy announced that it purchased an additional 11,931 Bitcoin for $786 million using profits from convertible notes and excess cash for $65,883/BTC.

Please share your thoughts on this in the comments!#Bitcoin#MicroStrategy"