BenWerkman on Nostr: $MSTR Convertible Notes - Conversion Eligibility Watch 2027 Notes ($1.05B / 7,330,050 ...
$MSTR Convertible Notes - Conversion Eligibility Watch
2027 Notes ($1.05B / 7,330,050 Shares)
Status: Eligible ✅
The 2027 notes have qualified for early conversion by the bond holders. In addition, these have also qualified for early cash redemption by MSTR.
2028 Notes ($1.01B / 5,513,489 Shares)
Status: Eligible ✅
The 2028 notes have qualified for early conversion by the bond holder. For these, it is 100% up to bond holder discretion and MSTR cannot call for cash redemption.
2030 Notes ($800M / 5,341,600 Shares)
Status: Eligible ✅
The 2030 notes have qualified for early conversion by the bond holder. For these, it is 100% up to bond holder discretion and MSTR cannot call for cash redemption.
2031 Notes ($603.75M / 2,594,310 Shares)
Status: Not Eligible ❌
We have had 16 closes above the $302.54 130% trigger price in the last 16 day. We need 4 more closes above $302.54 over the next 14 trading days.
2032 Notes ($800M / 3,915,200 Shares)
Status: Not Eligible ❌
We have had 18 closes above the $265.63 130% trigger price in the last 18 days. We need 2 more closes above $265.63 over the next 12 trading days.
Reminder: This is only tracking eligibility. There is no obligation for the bond holders to convert or for MSTR to redeem for cash (2027 are the only notes eligible for cash redemption).
2027 Notes ($1.05B / 7,330,050 Shares)
Status: Eligible ✅
The 2027 notes have qualified for early conversion by the bond holders. In addition, these have also qualified for early cash redemption by MSTR.
2028 Notes ($1.01B / 5,513,489 Shares)
Status: Eligible ✅
The 2028 notes have qualified for early conversion by the bond holder. For these, it is 100% up to bond holder discretion and MSTR cannot call for cash redemption.
2030 Notes ($800M / 5,341,600 Shares)
Status: Eligible ✅
The 2030 notes have qualified for early conversion by the bond holder. For these, it is 100% up to bond holder discretion and MSTR cannot call for cash redemption.
2031 Notes ($603.75M / 2,594,310 Shares)
Status: Not Eligible ❌
We have had 16 closes above the $302.54 130% trigger price in the last 16 day. We need 4 more closes above $302.54 over the next 14 trading days.
2032 Notes ($800M / 3,915,200 Shares)
Status: Not Eligible ❌
We have had 18 closes above the $265.63 130% trigger price in the last 18 days. We need 2 more closes above $265.63 over the next 12 trading days.
Reminder: This is only tracking eligibility. There is no obligation for the bond holders to convert or for MSTR to redeem for cash (2027 are the only notes eligible for cash redemption).