What is Nostr?
garth / Garth
npub1249…7064
2024-09-13 17:04:59
in reply to nevent1q…6095

garth on Nostr: It’s very wordy but basically MicroStrategy pays $5m in interest per annum for 7 ...

It’s very wordy but basically MicroStrategy pays $5m in interest per annum for 7 years and then can repay them in cash prior to the 2031 maturity date. Otherwise they convert at an effective price of $2.3k per share.
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npub1249fafwllr36d55h3vsgwjv6m0ctdqu436cdnwv5dchxpyld4mwqfc7064