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6 sats \ 3 replies \ @Undisciplined 25 Jun \ parent \ on: Bagholders Beware: Strategy Is So Fucked (FT, Craig Coven) Stacker_Stocks econ

That depends on whether bitcoin recovers

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11 sats \ 2 replies \ @evestacker 25 Jun
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.
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6 sats \ 1 reply \ @Undisciplined 25 Jun

That ignores accretion

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6 sats \ 0 replies \ @evestacker 25 Jun

Sure 👍

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