MicroStrategy has completed a private placement of $1.01 billion in convertible notes at 0.625%, planning to use part of the proceeds to purchase Bitcoin.

- The notes are convertible into cash or MicroStrategy shares.

- A portion of the proceeds will be used to redeem $500 million of the old notes, freeing up collateral, including 69,080 BTC.

- Initial conversion rate: 5.4589 shares per $1,000.

📉 Stay tuned for updates!