MicroStrategy Aims to Raise $700M in Notes to Buy More Bitcoin

• MicroStrategy seeks to raise $700M through convertible note offering to acquire more Bitcoin • Notes have 0.625% interest rate, mature in 2030, convertible to stock at $1,497.68 per share • Company currently holds 193,000 BTC acquired at $31,544 average price, representing $12.9B investment • Bitcoin purchase strategy has driven 112% return on investment and 429.2% increase in MicroStrategy's stock price • If fully subscribed, offering expected to raise $684.3M net, potentially reaching $782.0M