Independent thinking for complex markets and current events
To make matters worse, tax complications on the dividend add extra strain due to MSTR’s lack of sufficient operating profits. This is a costly bump in the road for Saylor’s strategy. MSTR’s leverage train hits a bump. Their $100 8% strike pref offering was priced at $80. After apparently tapping out the zero coupon converts …
MSTR has slowed down their bitcoin purchases.. and bitcoin is down… and their stock is down. 🤔 It’s almost like these things are correlated in some way… I wonder if folks will keep lending them billions to buy bitcoin if this continues. https://t.co/FKAco4hglh pic.twitter.com/duimjODWAw — @jason (@Jason) December 30, 2024 Tether depeg now down to …
Late to this party but this is wrong under any reading of the convertible notes prospectus. If the stock is below the conversion price, noteholders get their principal and accrued interest paid back in cash, not stock The fact he is saying this only feeds the “docs don’t matter, fiat don’t matter, equity don’t matter …
Michael Saylor is freaking out right now because when Bitcoin drops, non-recourse lenders are entitled to the collateral (Bitcoin). In this case, unless Saylor was able to massively dilute his shares to raise capital the lenders would simply take all of $MSTR's Bitcoin. https://t.co/d5Te7WktJZ pic.twitter.com/44WSSPgdSe — Financelot (@FinanceLancelot) December 25, 2024 Yeah he's lying. Non-recourse …
Director Stephen X. Graham sold 75% (20,00) of his bags @ $451 on 11/21 for an ice cold $9m. sauce – https://www.marketbeat.com/instant-alerts/microstrategy-incorporated-nasdaqmstr-director-stephen-x-graham-sells-20000-shares-of-stock-2024-11-25/ h/t Useful-Valuable1435