MicroStrategy raised $3 billion through the issuance of zero-coupon convertible bonds with a 55% premium! 🎉 The funds will be used to purchase bitcoins and for corporate needs. The bonds can be converted into cash or shares, with redemption planned for 2029.

Despite the success, MSTR shares fell by 16% after the announcement. 📉 This is part of the plan to increase bitcoin reserves to $42 billion.