When you point this out to $TSLA or $MSTR investors, they don’t want to hear it.

Serial Convertible Bond Issuers

SunEdison*
Chesapeake Energy*
SunPower*
Molycorp*
Lehman*
iStar Financial*
Calpine*
Fannie Freddie*
Enron*
Tyco*
Adelphia*
Six Flags*
eToys*
Avaya*
Worldcom*
Tesla
Coinbase
Microstrategy

*went bankrupt.

When you point this out to $TSLA or $MSTR investors, they don’t want to hear it. 👇🏼

“Over the last 30 years, companies issuing more than one convertible bond in a three-year period – filed bankruptcy protection over 80% of the time, our research showed." https://t.co/uWx77uroTH

— Kalani o Māui (@MauiBoyMacro) January 4, 2025

"MicroStrategy Targets $2 Billion Capital Raise. It's All to Buy More Bitcoin." DJ

"MicroStrategy's plan aims to raise $21 billion of equity and $21 billion of fixed-income instruments, including debt, convertible notes, and preferred stock, over the next three years." $MSTR

— Lawrence McDonald (@Convertbond) January 4, 2025