MicroStrategy, the largest independent publicly-traded business intelligence company announced on Dec.11 it raised $650 million worth of convertible senior notes at a rate of 0.750% due in 2025, up from a recently boosted $550 million, in a convertible senior note sale designed to allow the company to buy more bitcoin. At $650 million, MicroStrategy can purchase over 36,300 BTC at current prices.

Source: https://azcoinnews.com/microstrategy-has-raised-650-million-worth-of-convertible-bonds-to-finance-more-bitcoin.html