After MicroStrategy Announces '$2.6 Billion Note Offering to Buy Bitcoin,' Intraday Gain Expands to 6.43%

BlockBeats News, November 20th, according to market information, MicroStrategy announced that after the "Issuance of $2.6 Billion in Notes for Bitcoin Purchase," its intraday gain expanded to 6.43%.

BlockBeats previously reported that MicroStrategy announced it would issue $2.6 billion worth of convertible senior notes and use the proceeds to purchase Bitcoin. This issuance size is larger than the previously announced principal amount of $1.75 billion, and the issuance is expected to conclude on November 21, 2024.