Based on MSTR Bitcoin strategy, it seems it would be a better deal & less controversy for shareholders & debt holders if they issue convertible debt instead of selling shares on their way to accumulate more bitcoins.
Dilution comes back end, converted at a high premium over current stock valuation, and the funds can be used to accumulate bitcoin for more potential windfall for long-term shareholders.
Currently trading at 1.7x its bitcoin holdings, might be a better deal for shareholders if they sold debts at 3x or 4x valuation to buy bitcoins.
Instead of 21/21 plan, make it 0/42 for real long term shareholders growth! 🙌
Caveat: assuming Bitcoin is the future 🤞
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
- emerson3366·01-02[Miser] [Miser]LikeReport
- Supinii·01-07goodLikeReport