MicroStrategy announced the issuance of $2.60 billion in convertible senior notes to purchase Bitcoin, with its intraday gain expanding to 6.43%. This issuance is larger than the previously announced $1.75 billion and is expected to be completed by November 21, 2024.

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.

MicroStrategy issued $2.60 billion in notes to purchase Bitcoin, and its stock price rose by 6.43%.