The company stated that most of the funds, around $523.8 million, will be used to pay off existing debt. This debt includes $500 million in senior secured notes that are due in 2028, plus interest. After settling this, any leftover funds will be directed toward buying more Bitcoin and for general corporate needs.
MicroStrategy Plans $700M Note Offering for Further Bitcoin Investment
Nobody cares about this boomer coin bullshit
saylor prints credit out of thin air.
bitcoin is boomer coin
i have actual dollars in my bank account!
mfw usd is both boomer and kike coin
go kys
I'm telling this for a year now, he'll get liquadited. BTC will be around $15k. He has to sell because he has nothing else to sell. MSTR being liquidated will not affect him though, except for maybe some criminal charges.
There used to be an autistic schizo poster on Anon Babble 4-5 years ago saying that bitcoin will never truly start pumping until Saylor is liquidated and kicked out of Bitcoin for good
Are you that guy?
i listened to michael saylor a lot. his liquidation prices are below 3000 dollars
That’s his private stack isnt it? He didn’t start buying for MSTR until later at higher prices
no, but he's right
mstr avg liq price is around $30k, obviously they don't get liq as soon as price hits it, so price needs to be around $15-30k let's say for 3 months, and when something goes wrong everything goes wrong in finance, people will panic dumping mstr stock will speed up the process, history always repeats itself and saylor is a conman, market will go after him sooner or later
yes, he dumps his mstr shares to buy btc, but that's his personal wallet, when inevitable hits he'll be alright
Bitcoin was sat at 15-22k for like 6 months of 2022 and he didn’t have any issues
Yeah I'm saying this too
Haha lol he fucked up his dca it's basically 39k with these new buys already. El slurpador has 4k higher even tho saylor bought a lot way earlier. But he buys at extremely shitty times. He will continue to fuck up his average and then if it crashes he will be in trouble at 25k already
True but his average was 10k lower then it is now and when the stock plummets he always can get in trouble.
Check his terrible averages
How did he even manage this
Also when it was cheap he barely made buys
it's going up forever laura
they're not margin trading you fucking retards
Imagine being a shareholder and Saylor taking these massive dilution dumps square on your chest...
trusting someone else with you super volatile Chucky Cheese tokens is super gay. you know what rimes with Saylor? Gaylor
If Trump wins, 100k is certain.
Seethe more, methead.
mad?
Lol he can pay the interest payments on those notes for years you dumb dumb. He isn't getting liquidated.
Max keiser lived the wolf of Wall Street life minus the fraudulent behavior.
This dude has been predicting the future for 30 years spot on. Down to the words the FED will use. He is kinda of a crazy genius. Invented a sorta meme market in Hollywood before crypto even existed.
It just shows how far this board has fallen and why it's just a place for newbies to get rekt on shitcoin scams when Max is not getting the respect he deserves.
We gotta pump it up
pump pump, pump it up
Nigger they really tried to do It duriythr ftx collapse and sailor survived
Good luck trying to get BTC to 12k nowadays
I remember that, the saylor hunting. Funny that "they" tried to take out his portfolio.. they are afraid.
free money
Wrong, its financed on debt so per definition margin
he has to buy in shitty times otherwise if btc absolutely crashes with no survivors he's getting liq
he has to sell btc to do that and that's bearish for btc, which is double bearish for mstr,
u can think mstr like your irresponsible uncle who took a big fat loan to buy btc at $60k during 2021 top, we all know what happened to him. same thing will happen to mstr, maybe little slower but it will.
scamming retards further
it's financed on debt
sure, but the debt is in btc, not usd
Bitcoin is too fucking annoying because the stocks all get messed with too much and the decent ETF's don't have options. I dunno maybe MSTR is still good anyway.
He doesn't have to sell shit. He's paying like 5-6 % interest on the debt and the company has 500m revenue per year.
holy kek bruh that's not revenue it's their btc going up, it'll go down as well. they'll say -500M in revenue.
this just in, boomers are still painfully outperformed by any coin in the market and unicorn.meme
thanks anon
Unrealized gains don't appear anywhere currently dumb dumb. Accounting standards haven't changed for crypto assets yet.
Holy fuck you know nothing about corporate finance and accounting. Shut the fuck up.
Microstrategy has the infinite money glich. He will break to the stock market soon.
As bitcoin goes up, his stock price goes up, which allows him to issue more cheap free ~1% debt, which he buys more bitcoin with. Over and over and over.
Im copying his strategy with my small business, except i can only get 7% loans because Im not 500MM a year company.
Based.
Wow that's fucking balling
You had 15 years
Lol saved this image for when the bull ends next year