MicroStrategy Stock Is Sliding: What's Going On?

After the market close on Monday, MicroStrategy said it intends to offer $600 million worth of convertible senior notes due 2030 in a private offering to qualified institutional buyers. source: https://www.benzinga.com/markets/cryptocurrency/24/03/37468579/microstrategy-stock-is-sliding-whats-going-on?utm_campaign=partner_feed&utm_source=cryptopanic.com&utm_medium=partner_feed&utm_content=site