This is perhaps the most important component of this $MSTR convertible offering. They will be clearing the balance sheet of the Secured Notes which cost ~$30.6M annually in interest expense.
“MicroStrategy intends to use the net proceeds from this offering to redeem all $500.0 million outstanding aggregate principal amount of MicroStrategy’s 6.125% Senior Secured Notes due 2028 (the “Senior Secured Notes”) and to use any balance of the net proceeds to acquire additional bitcoin and for general corporate purposes.”
There are two things about #Bitcoin that new investors need to internalize:
1️⃣ The fiat price of Bitcoin will be volatile.
2️⃣ The fiat price of Bitcoin will always increase.
Once you understand those two things, the journey is simple.
- Samson Mow
M2 money supply is starting to trend upward. Give it some time, #bitcoin will reach $0.2M to $1M this cycle.
I am listening to you podcast as you speak
The die is cast. #Bitcoin - Saylor
The Fed is going to cut interest rate this week. Get ready for #bitcoin price reaction.
"If 10 Billionaires decide to buy $1B of #Bitcoin each, all your models are destroyed. Completely devastated. #Bitcoin goes to the moon." -Saylor
Glad to know a fellow bitcoin advocate. I just follow you back.
🔥🔥🔥
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JACK MALLERS: Save in dollars, life gets more expensive. Save in #Bitcoin, life gets cheaper 💯
GM
What will be the trigger to send #bitcoin price explosively upward?
I have a gut feeling that #bitcoin will soon explode to the upside before end of the year. Everybody get ready.
GN.
Yes
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Agree, the system needs to change. Hopefully #bitcoin will help the change process.
GN
The S&P 500 added $1.8 TRILLION in market cap last week, posting its best week of 2024.
This comes just days after the index added nearly $5 TRILLION in market cap between August 5th and August 30th.
There will come a time people will add $5 TRILLION market cap into #bitcoin instead of S&P 500. Plan accordingly.
World’s largest futures exchange, CME Group is launching #Bitcoin trading.
Bitcoin is the future of finance. Be prepared and don’t get left behind.
Many of you were born into a fiat world, a world devoid of sound money, but yet somehow you found #Bitcoin and are part of the greatest financial renaissance in history.
- Samson Mow
GM
Power up with #bitcoin - Saylor
#Bitcoin is hope.
Bitcoin is the perfect money that will help you to escape the economic war that depriving you and your family 99.9% of everything you have with absolute certainty.
GN