Replying to Avatar Sacred Peak

when/how does the borrowing get paid back?
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TheGrinder 1y ago

they're issuing "senior (debt) notes" to their backers. This round of notes is due in 2032

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Sacred Peak 1y ago

I see

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Laeserin 1y ago

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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TheGrinder 1y ago

I think it's genius if the debt notes are valued in USD. By 2032 MicroStrategy will settle those from their change addresses.

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Laeserin 1y ago

How is that a smart move for the debt buyer?

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Nicola, Mr. Dick Penis 1y ago

Is a not