they're issuing "senior (debt) notes" to their backers. This round of notes is due in 2032
It's madness, really. It's a trade that only makes sense if both sides agree that the debt notes will soon be worthless.
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I think it's genius if the debt notes are valued in USD. By 2032 MicroStrategy will settle those from their change addresses.
How is that a smart move for the debt buyer?
Is a not
