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