MSTR

Mnmsaregood

MSTR calls?

think_harder_plz

Do you have to prove you’re gay to buy MSTR?

uwvirgin

HOOD down more than MSTR is wild to me.

DefiantDelta

MSTR over 100 is criminal

WhalesDev

MSTR, HOOD or RDDT. Which falling knife should I catch?

BobsBurners420

We have real institutions out here buying MSTR

slamtt

Which one of you regards fullported MSTR puts at the open and is responsible for this shrek V I thank you for your services.

peopeopeopeo10

MSTR was the play

ListerineInMyPeehole

Imagine going long MSTR lmaoooo

Tzengi

MSTR $129 eod

shadi150

Love how MSTR isn’t featured on that little summary dashboard. That bitch is dying and everyone knows it even without it being up there

queenofcowboys

How low do we think MSTR can go? 👀

Homeless-Coward-2143

Can I get an MSTR premarket halt please.

itssomeidiot

!banbet MSTR 144 7d

Broken_leo

$MSTR calls or too soon ?

Total_Schedule591

If corn spikes and MSTR rockets I will absolutely laugh at the nonsense. Mr Berries will think he's the man

Thynk8933

Don’t worry there is plenty of market cap left for MSTR to further dilute the common stock to pay off its debts. The common stock always pays the price. The question is not if but when. So will they dilute more now to get ahead of it or wait until it’s share price is too low.

A55BAG

Dotcom bubble bursting and dodgy books caused a 99% decline for MSTR stock. The board didn't fire him then. Why would they fire him now after he made them all rich?

Smilehigher

What does the cost basis of btc on MSTR balance sheet have to do with actual price of fish in Bulgaria?! Ridicilous

historicusXIII

But we're discussing BTC, we're discussing a company buying BTC and seeminly doing nothing with it but holding it. Even if BTC goes ATH again, MSTR has no idea how to monetize that.

dljmonkeyboiz

PLTR calls, CMG puts, GOOG calls, MSTR puts, UA puts !remindme 1 week

KlapprigerKlappstuhl

The real magic begins when MSTR gets a real weighting in the SPX. Passive money will push the stock higher which in turn gives the company more opportunity to buy BTC. Higher BTC = Market Cap of MSTR grows = higher weighting in SPX and the cycle starts again.

HSuke

Oh, that explains the misunderstanding. I was talking about selling MSTR, not selling BTC. I don't expect Saylor to sell BTC.

teh_herper

MSTR puts at open

SadDevelopment3049

MSTR is a better buy than BTC rn

Standard_Tea8250

MSTR generational bottom

Majestic-Bass6772

expected MSTR to go down 99.9% today why so slow?

SquidKid47

Holy shit I read "12k worth of MSTR calls" and was about to team this kid a new one. Yeah this isn't even a bad play at all

HWTseng

I bought MSTR puts leap last Friday and it might be the only thing working out in my entire portfolio

AMX_revue

MSTR 80 by close on Monday 🥶🥶🥶

ArtisticFrame5790

So MSTR has a product right? Besides holding corn on its balance sheet. Can its regular business carry its corn (paper) losses ? What does its actual product actually do?

ReliantToker

The June 2028 repurchase right is a cash obligation, not a Bitcoin obligation. You're assuming MSTR would sell BTC to cover a cash put, but their entire history shows they use ATM equity raises and debt refinancing to stay cash-solvent. The contract you linked confirms that conversions are still at MSTR's discretion for shares, which is their primary defense against ever having to touch the Bitcoin stash.

desertstorm4

I am not a fan of MSTR, but there is an opportunity, staring me in the face to make big money. The Yen carry trade is unwinding as we speak. Bitcoin is a 24hr market. They need to pay their debts now and they’re selling their bitcoin. MSTR is like bitcoin with leverage, but without the decay of bitcoin leveraged ETFs. Bitcoin price will begin to rise sometime within the next five days when the carry trade fully unwinds. Those betting against MSTR will be forced to buy MSTR stock as bitcoin price begins to rise. I will be making dollar cost averaging buys of MSTR starting 2/2/26. Don’t be left in the rocket field cloud of dust.

HSuke

You should read the contract details: https://www.strategy.com/press/microstrategy-announces-pricing-of-convertible-senior-notes-11-20-2024 ####**The contract depends on the price of MSTR, not the price of Bitcoin.** The price of Bitcoin only loosely indirectly affects the price of MSTR. Neither has to go to zero before selling will start. These are 0% interest loans, so they don't have to pay interest. However, they do have to pay back the redemption value of the convertible note contract, which is effectively an options contract. If they can't raise more money, they have $1.4B in assets they can sell. But since they have > $8B in debt expiring in 2-4 years, they'll eventually need to sell MSTR (or BTC) to pay off the rest of the debt. There are 6 lots of convertible notes with an average redemption price of about $350 AFTER the $1.4B in assets is used up. So if MSTR drops below $350 average between 2027-2029, Strategy will need to sell shares of MSTR. The way they can get around this is if they keep finding new lenders to pay off old loans, ad nauseam. It's kind of like a legally-structured pyramid scheme where the exit strategy is for the price of MSTR to keep growing exponentially so that they can convert the notes instead of paying back loans.

BigOleLeaps

Same dudes who hate 🌽 will tell you it’s too risky to short MSTR cuz it might blow up

HSuke

These are 0% interest loans, so they don't have to pay interest. However, they do have to pay back the redemption value of the convertible note contract, which is effectively an options contract. If they can't raise more money, they have $1.4B in assets they can sell. But since they have > $8B in debt expiring in 2-4 years, they'll eventually need to sell MSTR (or BTC) to pay off the rest of the debt. It's totally doable, but it'll cause MSTR price to drop. Another option is that if the price of MSTR is above $200-450 depending on the redemption price, the lenders can choose to convert their notes to MSTR shares. Basically, MSTR holders are gambling that the price of MSTR is above $350-400 by 2028-2029. Contract details: https://www.strategy.com/press/microstrategy-announces-pricing-of-convertible-senior-notes-11-20-2024

callebbb

Based on WSB sentiment around MSTR, I’m glad I’m long Bitcoin and MSTR. 😂

Berto_

MSTR bros sharpening the pitchforks.

HSuke

Lol what? How would that be logical? Do you think lenders would provide 0% interest loans to Strategy without any benefit at all? They're not stupid. It's effectively an options contract. https://www.strategy.com/press/microstrategy-announces-pricing-of-convertible-senior-notes-11-20-2024 > Holders of notes may require MicroStrategy to repurchase for cash all or any portion of their notes on **June 1, 2028** or upon the occurrence of certain events that constitute a fundamental change under the indenture governing the notes at a repurchase price equal to 100% of the principal amount of the notes to be repurchased, plus any accrued and unpaid special interest to, but excluding, the date of repurchase. In connection with certain corporate events or if MicroStrategy calls any note for redemption, it will, under certain circumstances, be required to increase the conversion rate for holders who elect to convert their notes in connection with such corporate event or notice of redemption. Microstrategy can convert, but only if the value of MSTR is above 130% of the redemption price. > MicroStrategy may redeem for cash all or any portion of the notes at a redemption price equal to 100% of the principal amount of the notes to be redeemed, plus accrued and unpaid special interest, if any, to, but excluding, the redemption date, if the last reported sale price of MicroStrategy’s class A common stock has been **at least 130% of the conversion price** then in effect for a specified period of time ending on the trading day immediately before the date the notice of redemption is sent.

Gom_KBull

i regret not buying MSTR puts

PureSpecialistROTMG

Shorting MSTR is free money

BarbellPadawan

There are some purchases for which every dollar you spend changes how the rest of the world thinks of you and what you think of yourself, in ways you might come to regret. Any long position on MSTR is one of those purchases.

I_Sniff_Uranus

I did the math with MSTR current debt load and bitcoin holdings. If bitcoin hits 30k MSTR stock price will trade at or near $40. That takes into account all their convertible debt

Impressive-Mud-3362

Just got some MSTR, am gonna play the short term pullback

Samjabr

no joke - at this rate, MSTR has nowhere to go but zero.

BarbellPadawan

*Wrong*. The idiots over a r/MSTR have 712k of bitcoin, for which they paid about 4x NAV. Sailor has no one tell sell it to, that part is true.

tringitdad

I’m confused why MSTR’s infinite money glitch stopped working.

st0j3

Last time bitcoin was at $65k it went up 65% in three months… and MSTR went up about 300%. They’ll be back :/

LeBhikariLe

please let corn stay below 70k for 2-3 months, want to watch MSTR die

rdr31

MSTR will have the greatest comeback

carpetmagicianlaughs

Sayloe definitely regrets making $MSTR, he could have just retired as a billionaire

st0j3

Hope this sub keeps up the energy when MSTR keeps buying and bitcoin ends the year somewhere around $150k and MSTR has tripled.

st0j3

Do you idiots realize that would be years away and at a price quite a bit lower? The thesis is bitcoin will be quite a bit higher in a few years, and MSTR will be in orbit somewhere.

Total_Schedule591

I want to live listen to MSTR earnings call Thursday evening lol I hope they make time for some Q&A

Inside-Brush-9543

Does MSTR have an office cause Saylor is gonna look like hell monday morning i am sure

No_Skirt_4689

!banbet MSTR -10% 1d

No_Skirt_4689

MSTR bros how you clowns feeling? :spanishguylaughing:

BoringAward2832

MSTR boys wathc

BoringAward2832

MSTR whose buying

Extreme_Green_1708

Shit will probably drill at open but I’m impressed with MSTR at $138 right now.

AllCapNoBrake

r/MSTR has been saying that since 11/24 and r/Bitcoin have been saying that since 10/25. https://preview.redd.it/oi3gzxhbvzgg1.jpeg?width=120&format=pjpg&auto=webp&s=8de7635aab57c900adcd2f0954503cefdb48b4a5

MuricanWisecrack

ok. so heres my battleplan: Already bought some bitcoin MSTR at open TSLA is short and will stay short PLTR is short an will stay short i dont touch any metal, im not in crazy casino mood sell any remains of anything that could have any exposure to AI minus Google Buy more Bitcoin survive

default_accounts

Can I ask why not invest in Bitcoin itself? Does MSTR actually add value? I thought they were just a middleman

sck178

!banbet MSTR 130 72h

cryptopolymath

https://preview.redd.it/msh5i63sqzgg1.jpeg?width=1141&format=pjpg&auto=webp&s=3c9d771a057d4865db76091a4335560d76974669 MSTR $125?

Maximum-Side-9391

Yes MSTR now has good dividend for cash gang with upside of bitcoin plus silver and Grant Cardone real estate

No-Replacement-8297

MSTR down 8% at 138 🧑‍🦼‍➡️

rdr31

belive it or not, MSTR calls

ResolutionAny8159

Thinking about moving some of my TSLA shares into this MSTR dip. Mostly boring long term holds for me since the melania coin went tits up

MuricanWisecrack

MSTR 149,50 −0,21 (0,14 %) looks fuckin boring?

AlpacaDream7

Every time I feel bad about my investments, I look at MSTR and realize things could be much worse

vermilli21

These 150p MSTR 2/6 and 2/20 40p IBIT weren’t a stupid play after all LMAO. Eat dick Saylor Moon

Damandalorianway

once MSTR gets liquidated then i’ll know that’s our signal to buy

BigBootyHustla

Coin and MSTR puts printing easiest trade in the book

Who_is_Your_Zaddy

Alright, who bought MSTR at $457? Show yourselves.

AllCapNoBrake

A lot of you didn't take my shorting $MSTR FA, and it shows https://preview.redd.it/mn8ejmkrezgg1.jpeg?width=1080&format=pjpg&auto=webp&s=c2cee23c6e5a08d627dd3487897ba2ad13204db1

early-retirement-plz

Imagine looking across the landscape of stocks, so much potential, so many money printers, and you decide BMNR and MSTR is where you want to park your money https://preview.redd.it/th2jhpjqezgg1.jpeg?width=256&format=pjpg&auto=webp&s=d7872bb2a1dcff069721d8181fe0118229635965

dweeegs

honestly i thought MSTR would be worse

Specialist_Exam_8433

Wow MSTR is ded

Prestigious_Way_738

MSTR is so fucked

Prestigious_Way_738

50 minutes til we see MSTR pain

jnjapoker

I missed the Carvana short. I missed the silver short & Now I missed the MSTR destruction short…. My life will never be complete.

devereaux

With what money? Every time MSTR had made a buy they've had to issue more debt to do so

Happy-Champion1661

I heard they already have a lot of cash tho? Apparently MSTR not gonna go down that easily they can survive unless 🌽bear market lasts for too long ofc I won't touch it, I am just saying they are not completely dead yet

uncleBu

The loans are attractive to institutional investors that knew what they were doing. An institutional investor gets a lotto ticket that was betting on a positive outcome on the volatility of MSTR. Many loans came at a time where bitcoin had no ETF, it provided an easy way to get exposure to volatile outcomes. Even now, the same companies could hedge their position (e.g. by shorting BTC) to get a potential gain in extreme outcomes. Most big loans that MSTR got made sense because of the high volatility that MSTR had and that there wasn't bitcoin ETFs. I doubt that they will be able to get similar loans now.

Tzengi

Puts MSTR

Happy-Champion1661

as much as I hate 🌽, it's way too retarded to short it right at 76k, MSTR gonna defend it as much as possible

Konan_barbarian1

$MSTR puts are printing 🚀🚀🚀

LaserGuy626

I sold that shit after Saylor told people MSTR dilution would fund STRC dividends

LetigiousBoobFart

so can QQQ hold an emergency session and just boot MSTR out immediately?

LetigiousBoobFart

so can QQQ hold an emergency session and just boot MSTR out immediately?

Neat_Database6685

Friday was rough but at least I sold off all my MSTR before last week

billyb26

MSTR so cooked that it’s gonna be falling off the bone

WhoElseButMe_

MSTR opening at $125

dataCollector42069

LMAO rip MSTR I hate crypto bros this is music to my ears

foulmeow

puts on MSTR

HSuke

$350 is an oversimplification since I combined the values of all the convertible notes instead of treating them individually. But that's roughly the MSTR price needed to avoid ANY selling of MSTR or Bitcoin. If the value of MSTR is above that price, the lender will choose to redeem for MSTR shares since they get more that way. If it's below, they will choose to redeem for that value of the strike price since they get more that way too. Strategy can always sell MSTR shares at value. If MSTR < $350, they can make up the cost difference by selling more shares of MSTR then originally intended. If the price is JUST under $350, then there won't be massive selling. If it's well under $150, then there will likely be massive selling. So it really depends on the MSTR price at the earliest date the lenders can make their choice (i.e. 1 year before maturity date). The lower the MSTR price, the more they will need to sell MSTR to make up for the difference.

tika_dengu

SLV, MSFT and MSTR in danger of total collapse

BourbonRick01

MSTR hikes its divided payments on bonds to 11.25%. Because all great companies with strong balance sheets and fundamentals offer 11.25% to get people to hand over capital. Nothing to see here.

Hercules1579

Look, folks out here are making a whole lot of noise about that 74k to 76k range because they know that is basically the average cost for the entire stash. They see the ticker dip below 76k and start screaming about a margin call like they are praying for the boss to take a loss. But you got to understand that being in the red on a spreadsheet is a world away from getting liquidated in the streets. This is not some amateur out here trading on a phone app with no collateral to back his talk. The majority of that debt is locked up in convertible notes. We are talking about long term plays with maturity dates set years into the future. It is not like a standard brokerage account where the house just snatches your position because the price hit a certain mark. Even that old 21k threshold people used to whisper about was just for one specific loan. When you have over 712,000 BTC sitting in the vault, you have options. They can just move some of that extra coin over to cover collateral whenever they feel like it. Most of that stash is sitting there unencumbered, purely clean with zero debt attached to it. When the market starts acting up, they have maneuvers ready. They are never sitting ducks in this game. They have that 21/21 plan in motion, raising 42 billion to keep the engine running hot. On top of that, they are currently sitting on 2.25 billion in cash. That paper is not for buying more Bitcoin. It is a dedicated reserve fund meant to handle the interest and keep the lights shining for the next two years even if the market gets ugly. As a trader, you have to see the vision for what it really is. When retail starts panic selling because they are terrified of a margin call at 76k, that is exactly where the smart money is looking to scoop up liquidity. In the ICT world, we call that a stop run. They are hunting those retail levels to fuel the next leg up. They just proved it too. They grabbed another 2,932 BTC last week while everyone else was shaking in their boots. Loading up on MSTR when it dips is just logic because of the Bitcoin yield. Every time they issue more stock to buy more coin, the amount of Bitcoin per share actually increases. Right now, the stock is trading at a heavy discount compared to its usual premium. You are basically getting a leveraged version of the asset for a bargain while the paper hands are running for the exit. They can refinance or just sit on that cash pile and outlast the noise. They are playing the long game while everybody else is losing sleep over the one minute candles.