【MicroStrategy announces plans to privately offer $700 million in convertible senior notes MSTR】 Golden Finance reported that according to official news, MicroStrategy® Incorporated (Nasdaq: MSTR) announced that, based on market conditions and other factors, the company plans to privately offer $700 million in total principal convertible senior notes due in 2028 (the "Notes") to qualified institutional buyers who have reason to believe that they meet Section 144A of the Securities Act of 1933, as amended (the "Securities Act"). MicroStrategy also expects to grant the initial purchasers of the Notes an option to purchase up to $105 million in total principal of the Notes within 13 days of the date of the initial issuance of the Notes. The offering is subject to market and other conditions, and there is no guarantee whether, when or under what conditions the offering will be completed. The Notes will be MicroStrategy's unsecured senior debt and will bear interest, payable semi-annually on March 15 and September 15 of each year, commencing on March 15, 2025. The notes will mature on September 15, 2028, unless earlier repurchased, redeemed or converted in accordance with their terms. On or after December 20, 2027, MicroStrategy may redeem all or a portion of the notes for cash, subject to certain conditions.