Odaily News According to official news, MicroStrategy announced plans to issue $1.75 billion of 0% convertible senior notes due in 2029. MicroStrategy also expects to grant the initial purchasers of the notes the option to purchase up to $250 million in total principal amount of the notes within 3 days of the date of the first issuance of the notes. The issuance is subject to market and other conditions, and there is no guarantee whether, when or under what conditions the issuance will be completed. MicroStrategy intends to use the net proceeds from this issuance to purchase more Bitcoin and for general corporate purposes.