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sauna / sauna 13% psycho
npub14e2…k5l9
2025-01-31 12:42:53

sauna on Nostr: They had to bump up the yield to 9%, which seems not unreasonable considering BTC ...

They had to bump up the yield to 9%, which seems not unreasonable considering BTC goes up by ~40%/year
JUST IN: MicroStrategy’s perpetual convertible preferred stock offering was oversubscribed by nearly 3X, increasing from 2.5M to 7.3M shares at $80 each.

This larger preferred stock sale allows them to raise $584M in new capital to buy more Bitcoin.

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npub14e2977dkjyp2tkxd2qp2cr87mpumszw2dyflcrr78vmsx7rr2ztq42k5l9