MicroStrategy completes $3 billion convertible note issuance

BlockBeats news, on November 22nd, according to official sources, MicroStrategy completed a $3 billion convertible note issuance with a 0% coupon rate, including an option granted to initial buyers under the note purchase agreement to purchase additional notes for a total amount of $400 million within 3 days from the date of initial issuance. The initial purchaser fully exercised the option on November 20, 2024 and completed the purchase of additional notes on November 21, 2024.