pull down to refresh
57 sats \ 4 replies \ @evestacker 25 Jun \ parent \ on: Bagholders Beware: Strategy Is So Fucked (FT, Craig Coven) Stacker_Stocks econ
That depends on whether bitcoin recovers
reply
If Bitcoin climbs back above Strategy's average purchase price of $75,651, then their entire crisis is solved.
However, if it continues to drop, the the company's preferred stock structure fundamentally changes the outcome for the remaining shareholders.
reply
That ignores accretion
reply
Sure 👍
reply