“As bitcoin constitutes the vast bulk of assets on our balance sheet, if we are unable to secure equity or debt financing in a timely manner, on favorable terms, or at all, we may be required to sell bitcoin to satisfy our financial obligations, and we may be required to make such sales at prices below our cost basis or that are otherwise unfavorable," a Strategy regulatory filing read.
pull down to refresh
related posts
21 sats \ 5 replies \ @unschooled 9 Apr
RIP 🙏🪦
https://bitcoindeaths.com/
reply
21 sats \ 4 replies \ @Aardvark OP 9 Apr
He changed from "I'm never selling" pretty quickly, and I think that was part of the reason people invested.
Going to be tough times for MSTR we may have a lot of bitcoin flooding the market soon.
reply
21 sats \ 0 replies \ @unschooled 9 Apr
He has zero agency in a situation like this.
I guess no more ai selfies and green dots for a while 😭😭
reply
0 sats \ 0 replies \ @Longtermwizard 9 Apr
Bitcoin flooding the market soon...
reply
0 sats \ 1 reply \ @Stackamore 9 Apr
I’m standing ready to help Saylor offload some of those corporate liabilities
It’s going to be extra glorious to watch billionaires and their plans being destroyed by the fascist Orange Buffon they proper up for a mere pump
reply
21 sats \ 0 replies \ @unschooled 9 Apr
reply