According to BlockBeats, on March 11, MicroStrategy announced that it had completed the previously announced 0.625% convertible senior notes due in 2030 on March 8, 2024. The total principal amount of notes sold in this offering is $800 million, including $100 million in total principal amount of notes issued under purchase options. These notes were sold in a private offering to people who have reason to believe that they are qualified institutional buyers. MicroStrategy used the net proceeds from the sale of the notes to purchase additional Bitcoin.