MicroStrategy defends its balance sheet once again.
Michael Saylor said on Sunday that Strategy (previously known as Microstrategy) plans to convert roughly $6 billion of its convertible debt into equity over the next three to six years, aiming to ...
Strategy claims it can cover $6 billion debt if Bitcoin falls to $8,000, but leverage and liquidity risks escalate below that ...
Strategy pivots to preferred stock with an 11.25% dividend to fund Bitcoin buys as shareholder pressure mounts and unrealized losses widen.