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343PG / 343PG
npub1l0n…wvaz
2024-03-04 22:13:41

343PG on Nostr: Interesting to see MSTR go back to raising money via convertible notes again. The ...

Interesting to see MSTR go back to raising money via convertible notes again.

The devil will be in the detail, but the current high share price presumably allows them to sell them to the market at a pretty high conversion price. This utility for the holder then still serves to reduce MSTR’s interest burden compared to issuing a regular bond.

#mstr #microstrategy
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