Bitcoin24h $64,728.23+3.55%

Ethereum24h $1,872.23+5.17%

BNB24h $579.51+1.93%

XRP24h $1.11+3.63%

Solana24h $77.90+3.81%

TRON24h $0.3270+0.67%

Hyperliquid24h $67.29+5.68%

Dogecoin24h $0.0744+3.01%

Zcash24h $554.93+9.80%

UNUS SED LEO24h $9.80+2.61%

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.