What is Nostr?
Cobweb
npub1z8f…npau
2024-12-11 04:42:09
in reply to nevent1q…lm38

Cobweb on Nostr: What is the end game for these convertibles? Will they be converted early by the ...

What is the end game for these convertibles? Will they be converted early by the bondholder? I suspect they won't be because they would rather hedge and capture the gamma. In that case why do we care about the early conversion eligibility?
Author Public Key
npub1z8fav5ynlxslx346qxwnvhx6f6rw7t4ghskfqakph9g8wz8u9uqqx3npau