Business intelligence firm MicroStrategy has boosted its planned bond offering to $500 million, according to a tweet from Bloomberg.

• No other details were yet available.
• On Monday, MicroStrategy said it intends to offer $400 million in senior secured notes to raise funds to boost its holdings of the leading cryptocurrency by market capitalization beyond the 92,079 it already holds.
• At the same time, the company warned that based on the fluctuations of the bitcoin price during the Q2 to the present date, it sees taking an impairment of at least $284.5 million for the quarter ending June 30.