When does MSTR get liquidated? lol
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They dont
How
none of their bitcoin is tied to any debt and the vast majority of their debt is perpetual. Bitcoin can go to $5 and it’s all staying in their coffers.
Wild
Not soon enough.
Kind of think Saylor likes this. Cheaper bitcoin and scares people into his preferreds which have been a bit more stable STRF & STRC. Also, I think it’s beneficial if his convertible note holders want to close out their position and the way that happens is if they get scared their holdings will go out of the money.