Bitcoin24h $68,304.67-3.36%

Ethereum24h $2,073.74-3.91%

BNB24h $628.39-2.39%

XRP24h $1.39-3.32%

Solana24h $86.96-3.32%

TRON24h $0.3114+0.45%

Dogecoin24h $0.0912-2.93%

Hyperliquid24h $38.16-4.58%

Bitcoin Cash24h $465.76-0.45%

Cardano24h $0.2555-3.45%

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%.

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.

Strategy’s corporate debt recently hit a bearish milestone after MSTR dipped below the final, lowest convertibility price of $149.77.

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’s Strategy had a golden opportunity to profit $33B just four months ago. Instead, it’s lost billions.