Distributed Power on nostr

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Repeatedly nuked profile · 9w

Your numbers are way off. MSTR has 671,000 BTC, average per coin around ~$75k. But here's the thing. MSTR funded a big chunk of its Bitcoin purchases using good ol' debt (mostly convertible notes)....

Energy Producer @Distributed Power 1766019256

Nah it’s $8.2B in convertible debt, or about 12% levered. This list everything on their website https://www.strategy.com/

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Repeatedly nuked profile · 9w

Sure but if Bitcoin is still $85k in early 2027 and their cash is almost gone they must either sell Bitcoin or issue shares at a potential discount to pay the bills. Or at some point in 2027 anyway.