— Michael Saylor, MicroStrategy
How would Michael Saylor refinance Strategy’s $8.2B debt?
Michael Saylor has so much debt that a CNBC analyst couldn’t think of one bank that would roll Strategy‘s bonds if BTC crashed 90%.
Results for Michael Saylor, MSTR, MicroStrategy
85 stories, newest first
— Michael Saylor, MicroStrategy
Strategy hasn’t sold any STRC shares despite advertising on X
Strategy has been running X ads, trying to sell preferred shares of STRC. The campaign doesn’t seem to be doing much.
— Michael Saylor, MicroStrategy
100% of Strategy’s convertible debt is now out-of-the-money
Strategy’s corporate debt recently hit a bearish milestone after MSTR dipped below the final, lowest convertibility price of $149.77.
— Michael Saylor, MicroStrategy
Michael Saylor’s Strategy sheds $6 billion in a day — again
In 2000, Strategy co-founder Michael Saylor lost $6B in one day. He lost even more yesterday, for shareholders of that same company.
— Michael Saylor, MicroStrategy
Michael Saylor missed out on a $33 billion profit at Strategy
Michael Saylor's Strategy had a golden opportunity to profit $33B just four months ago. Instead, it's lost billions.
— Michael Saylor, MicroStrategy
Bitcoin fell below Strategy average buy price overnight
The price of BTC fell below $74,600 last night which was less than Strategy’s average buy price of $76,052.
— Michael Saylor, MicroStrategy
Strategy market cap down 40% after pivot from bonds to preferreds
Strategy preferreds were supposed to fix the problems with bonds, such as principal repayment, but instead they brought a raft of new issues.
— Michael Saylor, MicroStrategy
Strategy manager wrong about BTC backing STRC
The manager mistakenly claimed that Strategy's BTC collateralizes shares of its stock, even though it doesn't.
— Michael Saylor, MicroStrategy
Michael Saylor is running out of ways to boost Strategy’s BTC per share
Strategy bought a lot of BTC last week, but shareholders still have less per share now than a couple of months ago.
— Michael Saylor, MicroStrategy
Strategy’s bitcoin premium vanishes as mNAV crashes to 1x
The colloquial metric of investor confidence in Strategy, its multiple-to-Net Asset Value or mNAV, has fallen to 1x its BTC holdings.