Bitcoin24h $85,594.88+0.86%

Ethereum24h $2,704.50+0.64%

BNB24h $790.22+0.26%

XRP24h $1.51+1.05%

Solana24h $121.06+0.89%

TRON24h $0.3356-0.05%

Hyperliquid24h $90.46+1.29%

Zcash24h $1,330.43+0.25%

Dogecoin24h $0.0956+2.47%

Chainlink24h $14.14+0.50%

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.