English Translation:

Golden Finance reported that MicroStrategy today announced its issuance of $875 million in aggregate principal amount of 0.625% convertible senior notes due 2028 ("Notes"), with a portion of the proceeds intended for the purchase of Bitcoin.

The issuance is an increase from the previously announced issuance size of $700 million in aggregate principal amount of Notes.

The issuance is expected to close on September 19, 2024, subject to customary closing conditions.

MicroStrategy intends to use the net proceeds from the offering to redeem all of the $500 million aggregate principal amount of MicroStrategy's 6.125% Senior Secured Notes due 2028 (the "Senior Secured Notes") and to use the balance of the net proceeds to purchase additional Bitcoin and for general corporate purposes.