MicroStrategy has completed a $3 billion issuance of 0% convertible notes due in 2029. It plans to buy more Bitcoin with the proceeds. The notes are given preference to equity holders and were sold at a 55% premium. The company can buy about 30,600 BTC with this funding. MicroStrategy is the largest Bitcoin holder among public companies with 331,200 BTC. The company's shares are down 25%.