MicroStrategy announces $1.75B convertible senior notes offering

MicroStrategy (MSTR) announced that it intends to offer, subject to market conditions and other factors, $1.75B aggregate principal amount of its 0% convertible senior notes due 2029 in a private offering to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended and to certain non-U.S. persons in transactions outside the United States in compliance with Regulation S under the Securities Act.