After MicroStrategy announced the "issuance of $2.60 billion in notes to purchase Bitcoin," the intraday gain expanded to 6.43%.

BlockBeats news, on November 20, according to market information, MicroStrategy announced "the issuance of $2.60 billion in notes for the purchase of Bitcoin," which led to an increase of 6.43% during the trading session.

BlockBeats previously reported that MicroStrategy announced the issuance of $2.60 billion in convertible senior notes, with the proceeds to be used for purchasing Bitcoin. This issuance scale is larger than the previously announced total principal amount of $1.75 billion in note issuance, which is expected to conclude on November 21, 2024.