MSTR

neverpost4

Ok so MSTR used to be $400. Now at $150. Great it will not be bankrupt but MSTR will be $3.50?

FuckleUp

Buying puts on companies owned by men rejected by Epstein is actually smart 🤓 MSTR TSLA

OREG_Keith

🫵 are a 🤡 and seriously regarded. Please post your MSTR loss porn here at your earliest convenience. Thank you for your service. ❤️🥭

Shdwrptr

6 months? No I don’t believe that but I do believe BTC is a failed experiment being propped up by Ponzi schemes like MSTR and once it gets low enough that MSTR has to liquidate the house of cards will fall completely

Alone_Education_2530

MSTR literally just follows Bitcoins price action at a more volatile rate or smt like that. a pop back up to 90k would make MSTR go back to like 180-190 range i think.

Liquidsnake959

What does MSTR even do? I cant figure it out!

Alone_Education_2530

i HATE bitcoin but i will be loading MSTR calls soon.

Ht0wn713

Looks like my MSTR calls for my MSTR calls gona be obsolete when the market opens 🤦‍♂️

neverpost4

And the Saylor man will flat out refuse to give up passphrases of MSTR's Bitcoin hoards.

Independent-Cress382

Big institutions, they buy MSTR debt then short Bitcoin as a hedge so they are delta neutral, it's a nice little carry trade.

PROMlSED

I’m gonna pour one out for all the regards that thought they were buying the MSTR dip Friday. Looking like another -10% day LMAO

MuricanWisecrack

Believe it or not, but MSTR on Monday.

niofalpha

Godspeed. I’m tempted to short MSTR but I don’t put blatant fraud past them and I don’t put blatant market manipulation past this current admin’s crypto interests

Slow-Information-847

after MSTR liquidated its BTC

The_AMD_Guy

Bitcoin would look a much more attractive investment if MSTR didn’t buy OTC. They have somehow managed to hoover up 400k bitcoin in the last year and the price has been the most depressing shit ever.

CreamyBehemoth

Well I’m going in on 100p on MSTR based off of really nothing

WeTrippinArt

9k€ 7x Short MSTR 😃🙏🏻

MuricanWisecrack

thing is: MSTR cant get liquidated. it can serve its debt simply by its cashflow from selling Strategy Mosaic and this boring business software. "semantic layer" to unify all datasources busineswide. This cashflow is steady and even if its not profitable in many years, its more than enough to serve the outstanding debts. Anyways: most capital is simply raised by selling ordinary stock, diluting the price. So ... how do you liquidate people who buy the stock? i dont see it.

AllCapNoBrake

If you're not shorting r/MSTR & r/Bitcoin just before opening bell on Monday morning, I don't know what else I can do for you all. Hey Alexa, play "It's going down (I'm yelling timber)" by Pitbull & Ke$sha https://preview.redd.it/xj13yzd2rwgg1.jpeg?width=120&format=pjpg&auto=webp&s=80c1fb20ca8b9f0f131aa1f14e64a2a35af74eb3

Clean-Wishbone-3413

I’m just curious, if BTC breaks the 74k barrier, would that force a short on MSTR or does MSTR actually have a moat like all their minions claim?

Slow-Information-847

🌽 has no bottom. Anyone thinks MSTR may have its forced sell moment?

smart_doge

As a MSTR put holder, I’m focusing on my success by hoping him fail

tika_dengu

MSTR delisted

BenisSpaghetti

Even the corn bros agree that MSTR must be destroyed to allow for corn to thrive.

Ill-Ad1603

No it’s not. MSTR doesn’t use its BTC as a collateral. They have debt sure, but nothing they can’t pay off.

UFuked

All attention is on MSTR as their corn position is in extreme danger of being liquidated.

NeighborhoodBest2944

When does MSTR throw in the towel? This week or next?

floo82

I think it sucked in a lot of goobers when it ran up to its ATH this year. Plus the MSTR/MSTY and other buttcorn holding companies and ETFs let people with no crypto wallets or exchanges get into crypto through their main brokerage accounts.

MuricanWisecrack

believe it or not, but MSTR.

mithyyyy

the 400 million companies thing gets me like does this guy think the indian tuk-tuk driver or the mexican dude selling tacos at the street corner is dumping their savings into crypto instead of taking care of their family?? and this is supposed to be impressive for MSTR?

GoldExternal2171

Breh MSTR is down 53% 1YR lol its doomed

GoldExternal2171

*friday damn meme* MSTR was like 350 last I checked, I'd be private jetted down had I copped puts

potato111a

I just need MSTR $70

theverybigapple

MSTR, ORCL, CRWV, debt crisis coming

swingingrichard24

I had a dream I bought MSTR at 90.

ranting_chef

MSTR was one I took profits on last year, and I’m glad I did. I didn’t want to be too greedy after holding it for several years - my thought process there was kind of wanting to avoid getting shafted. Thinking about buying some again if it dips even more, just not sure if many people feel that way when bitcoin has dropped as much as it has recently.

elpresidentedeljunta

MSTR is apparently a real spidernet in how it finances it´s acquisitions. 0 % interest and it´s completely in the discretion of MSTR if they pay back or convert bonds into stock (or so I hear)? I am sorry, but whoever throws their money out like that shouldn´t be in the markets. So, no. MSTR is under no pressure to sell unless there is a shareholder revolt and that seems approximately as likely as Tesla shareholders firing Elon Musk. The outer rim of "investors" who bought ETF and such might fly for now, but excuse my cyniscism: If they were dumb enough money to buy into the last rally, they will buy into the next. The people you are looking for which will have to sell assets to pay customers who want their money back are leveraged MSTR ETFs. Those should by now be teetering on the edge and that might cause a crash in the MSTR share price. Personally I would not be surprised if MSTR would try to use that opportunity for the next bond and buy back shares way below the self defined fair value. It´s unlikely those bonds would get similarly ridiculous conditions though. But I migth be wrong there. Never underestimate people´s ability to stupid. And of course Crypto ETFs in general, if "investors" flee in a rout. That would be an interesting thing to see. To the best of my knowledge we haven´t seen a real broad ETF run ever and having some dominos fall in sequence as they liquidate and speed up the doom spiral should teach us something about how future ETF crashs might look. It could also help getting that stuff out of our stock markets again. I suspect there is a bottom at this point, since some big hedge funds have their tentacles in the market and probably enough dry powder to shore it up again when they consider it necessary. I don´t expect us to see the market lower than the upper 60s. And it may very well reverse much earlier. Not because it should. It most definitely shouldn´t. But then again there shouldn´t be as many people out there believeing the earth was flat or vaccines cause autism or whatever nonsense, but there are. So, yes. I do believe Bitcoin will come back and MSTR will go above 300 again.

Happy-Champion1661

guys do you think I could go ask some "investors" to give me money to buy a lot of 🌽like MSTR? my cost average would be less than him! tldr: I am already the better MSTR!

KTRyan30

I made 30k on MSTU! I'm currently down 40k on MSTR...

No_Feeling920

MSTR is a ponzi scheme. BTC is a greater fool game.

MuricanWisecrack

MEGA STRATEGY MSTR why have they not done..? (disclaimer: i do hold some MSTR :D)

MuricanWisecrack

i hold some MSTR, but this made me laugh. the strategy is indeed very simple :) the debt is macro :D but the Hodlings are also macro :)

st0j3

None of that. People in this thread are just haters. If you believe bitcoin will go up over years, MSTR will go up more.

MuricanWisecrack

MSTR was deep underwater before and it literaly means nothing.

Iunatic

Corn is gay but I think it would be above $150,000 if MSTR and Mango hadn't fucked with it

keelem

I mean it'll prob tank then immediately bounce back up because MSTR can't get margin called for a while.

Former_Tomato9667

So when MSTR shits the bed (again) what’s the chance Saylor does jail time this time

xarips

its the opportunity of a lifetime to buy MSTR cheap

Concept-Plastic

BTC MSTR death spiral?

Carfar_Farcar

Deciding on a short term position for Monday and I'm torn between calls on SNDK or puts on MSTR, leaning towards MSTR puts as long Bitcoin stays sub-$80k.

Carfar_Farcar

Deciding on a 0TDE for Monday and I'm torn between calls on SNDK or puts on MSTR, leaning towards MSTR puts as long Bitcoin stays sub-$80k.

gorillalifter47

Underperforming bonds over what time period? The arrogant guy is currently up around 10x since MSTR adopted their bitcoin strategy in August 2020 (this is cherry picking too, but seems the most appropriate time period to compare), outperforming bonds, gold, the S&P500 and even bitcoin since then. Neither of us can predict the future (other than that MSTR will surely be in the red at market open), but to suggest that adopting a bitcoin strategy has been a bad decision to this point is just not correct. RemindMe! 5 years

dataCollector42069

BTC in such a bubble due to MSTR. Good luck trying to offload 700k btc lmfao

Professor_Meteor

MSTR to $120

Kooky-Collar8673

None of the MSTR loans are secured with bitcoin...they can convert any loan into shares at a fixed price

improbably-sexy

>Disclaimer: The analyst who wrote this article has shares in Strategy (MSTR). https://preview.redd.it/1hzvznjbetgg1.jpeg?width=1280&format=pjpg&auto=webp&s=b2b5d1b1df353fc3e936454237b9c952fce77e8b

JC505818

Once MSTR starts liquidating its BTC positions, watch out!

InjuryIndependent287

It’s not a matter of BTC’s price. MSTR has no security in their leverage because they have delisted the stock so much with convertible note sakes that there are no more shares available to sell if they need to if they needed capital. If their stock continues to plummet, the investors WILL start to pull out and they WILL want cash, not shares of a failing company. This will trigger their collapse. Continue to believe the fakes narratives that YouTubers have been pushing. I’m just laying out the reality of the situation. It’s not a matter if, it’s a matter if when it pops.

Majestic-Bass6772

MSTR holders gonna wake up LIQUIDATED 😭

CyberSmith31337

Fun fact; Michael Saylor is also mentioned in the Epstein files. Would be willing to bet that is why crypto is dumping; reacting to inevitable shorts against him and MSTR

desertstorm4

The short squeeze is coming. MSTR earnings date is 2/5/2026. MSTR has strong cash reserves to address their obligations for 2 years. They will not need to liquidate their BTC holdings just because BTC temporarily falls below their purchase average. I am not a fan of MSTR but I am not going to miss this opportunity staring me in the face to make big money. MSTR is like bitcoin with leverage. You can hold MSTR without the decay of bitcoin leveraged ETF’s. I will be making dollar cost averaging buys of MSTR starting 2/2/26. Don’t be left in the rocket fueled cloud of dust.

HSuke

The price of Bitcoin doesn't matter for forcing Microstrategy to start selling. It's the price of MSTR and the strike price for the convertible bonds that matters. **Short answer**: They will sell once their $1.4B of liquid assets runs out as long as the price of MSTR is below the conversion price of their notes. They will sell if the price of MSTR is below ~$350. **Long answer**: Microstrategy has a lot of debt to pay back that will be maturing in the next several years. They currently have $8.2B of debt and only $1.4B of liquid assets, so they will need to sell MSTR or Bitcoin (or issue new shares of MSTR to sell). Value of the notes, put dates, and conversion prices: * $1.0B in Sep 2027 with conversion price of $183 * $3.0B in Jun 2028 with conversion price of $672 * $0.8B in Sep 2028 with conversion price of $150 * $2.0B in Mar 2028 with conversion price of $433 * $0.6B in Sep 2028 with conversion price of $233 * $0.8B in Jun 2029 with conversion price of $204 That's $8.2B with an average conversion price of $425. Since they have $1.4B in liquid assets they can sell, that's equivalent to $6.8B with a strike price of $350. If the price of MSTR is below the conversion price, the holders of those notes will choose to be paid in cash instead of converting to MSTR shares. Currently, the price of MSTR is below the conversion price for ALL of those notes except for one of them, forcing Microstrategy to sell once their $1.4B of liquid assets runs out. I wouldn't be surprised if MSTR shareholders attempt to frontrun this by dumping MSTR even more.

potato111a

What if it takes MSTR to get liquidated before 🌽 rocket to 150k

Status_Estimate4601

There is a reason MSTR stock is 70% down

No_Economist3815

Let's hope so. I heard MSTR would need to liquidate their BTC holdings at around $72K. Fun times.

desertstorm4

The short squeeze is coming. MSTR earnings date is 2/5/2026. I am not a fan of MSTR but I am not going to miss this opportunity staring me in the face to make big money. MSTR is like bitcoin with leverage. You can hold MSTR without the decay of bitcoin leveraged ETF’s. I will be making dollar cost averaging buys of MSTR starting 2/2/26. Don’t be left in the rocket fueled cloud of dust.

ThreeTonChonker

90% of people in this sub are crypto haters because they are bitter about its success. So I’ll give you the real answer. There is no bottom for Saylor. Even if BTC got down to $10k again, so many people would be buying (including me, I’d mortgage my house without question) that it would be impossible to test Saylor’s resolve to lose every penny he has. So basically MSTR won’t sell unless Saylor capitulates which is an impossible scenario because BTC will never get that low.

honey_102b

tomorrow, OpenAi to invest $100B in MSTR.

rich9119

Yeah, seems like as long as they can cover their preferreds, MSTR can ride out the Bitcoin swings without hitting a cliff.

pibbleberrier

Conversely you should now buy MSTR as it look like he is the only techno billionaire that got rejects by the Epstein crowd

PNINEP9

I am perfectly content for my btc holdings to take a dive just to watch MSTR and other goobers burn

UnSeenBabyGravy

Okay, so I did not read them in depth but from sorting through them at speed i picked up the following. There are no "hidden" terms in the public notes that force a sale at $70k or $60k. The real risk isn't a contractual "forced sale" it's a **Refinancing Risk**. If Bitcoin is at $30k when a $2 billion note comes due in 2028, MSTR might not be able to issue *new* debt to pay off the *old* debt. At *that* point, they would have to sell Bitcoin or diluting shareholders into oblivion to raise the cash. This builds into the narrative that it's not necessarily about Bitcoin's price. It's about staying at an extremely low price for a long time to the point where they can't fulfill that with their cash balance or other means of getting more debt.

Actual_Guide3525

No one in their right mind should lend them money to buy more if the bitcoin is in a bear market. But most people looking at this are not in their right mind. Debt holders can force MSTR to sell the collateralized bitcoin depending upon the terms of the note. MSTR may refuse if they control the custody and it will go to courts. If the debtholders have control of the asset they will dump it and push the price further down.

WendyDumpsterFire

So MSTR, TSLA, and MSFT are fucked?

AdCritical5383

#MSTR > ##Michael ##Saylor ##Tis ##Retarded

gianakis05

Do not touch any funds buying MSTR even with a 10 ft pole

wolfishnickelsyr

Good question. Given the CEO’s history of fraud and using MSTR to commit it, I’d say there’s bo real floor.

Mediocre-Gas-3831

I invest in MSTR , because I believe in their leadership 

No-Replacement-8297

MSTR earnings this week and will report neagtive earnings 🧑‍🦼‍➡️🤣

Rock_or_Rol

I think it’s a good buy too. As dogmatic as people get about loving corn, there’s also those that are dogmatic about trashing it. Master has been over sold and has a sizable short float. I’m buying heavy when BTC gets its mojo back, as will a lot of other people. It’s worth a lot more than people are trading it at, who will buy massively indebted, speculative stocks but think of MSTR as something different because it doesn’t have the right buzz words BTC is here to stay. We’d need like 3x more October liquidation events and a recession to kill it. I do wonder about quantum/AI decryption. Like, is there anyway to safeguard coin from that that at least brings it up to the same vulnerabilities as digital banking?

mickalawl

They can never sell. Their mantra has been HODL forever. Selling destroys their ethos and their 'credability' (ability to hoodwink the credulous). Selling will also impact BTC negativly.as Saylor is an OG lazer eyes weirdo. So selling makes their long term woes become very very immediate term woes. Better to kick the can of stupidity down the road until the massive debts are due. At least buy Saylor time to fake his own death and hide somewhere in exile. Although that last sentence is more of a plan than MSTR has ever had, so who knows what will happen.

OracleofFl

I wonder how low BTC has to go before MSTR has to liquidate its inventory to satisfy creditors? When that happens, the bottom will fall out.

imunfair

That's a rough chart though. Bitcoin is down 20% on the year and MSTR is down over 50%, not even including the hit bitcoin has taken since Friday close.

Extreme_Green_1708

Balls deep in MSTR calls and someone hit my car while I was at the store and left. What da fooooook

Hfksnfgitndskfjridnf

The price of Bitcoin was 114k on September 30, the last reported quarter. The price of Bitcoin was around 88k on 12/31, so MSTR is going to report a massive loss for Q4.

Sumojoe118

Everyone here acting like they are gonna get liquidated but its much more complex than their average cost being higher than the current price of bitcoin. The way the business is structured they will survive for a while without selling anything. If we are still at these prices or lower in a couple years or if bitcoin severely tanks to like sub 40 then they could be in trouble but I think it will recover by then. I'm not invested in MSTR but I would not bet against them

BigBootyHustla

Full porting MSTR COIN puts Monday, what scam companies

Hfksnfgitndskfjridnf

It’s 100% tied to the price of Bitcoin. With the new FASB accounting for digital assets, all unrealized gains and losses now run through the P&L. It was a dumb rule change, it should have just gone through OCI like what other companies do with other unrealized gains on losses on traditional assets. It’s the same thing so treating it differently doesn’t make sense. MSTR has no earnings in the normal sense to support any interest or dividends on debt payments.

Busy-Explanation4339

Nah, he doesn't invest in MSTR.

Stock_Succotash_1560

MSTR gins be 100 on mo day lol

slamtt

Michael Saylor was deemed too autistic to be blackmailed by Epstein associates. Long MSTR.

Samjabr

dang, corn in straight up shambles. MSTR finnin to go to Zero

ai___________

MSTR with 88% buy ratings in robinhood

AxeSpez

There's leveraged MSTR though

pp08

Their only real assets are bitcoin. They are already levered so if the price of bitcoin goes down it's unlikely anyone would lend more against it. MSTR is just a flawed pro-cyclical business model. And now they have $900mm in preferred dividends per year to pay plus debt maturities in a couple years.

MiloAndCrows

Related to comments in the thread, from an AI Search; As of early 2026, MicroStrategy (MSTR) holds a significant amount of capital in debt and preferred equity to finance its Bitcoin acquisitions, with approximately **$8.24 billion in debt** and over **$8.38 billion in preferred stock** (or up to $5.78 billion as of Sep 2025, according to other reports), following a shift from bond issuance to preferred stock.  I am glad I hold 0$ MSTR debt or preferred's.

Independent-Cress382

For fixed income desks, buying MSTR debt and shorting BTC was the move. QR is rough, best of luck to you.

barbrawr

Man I interviewed for a quant research role in May and I suggested shorting MSTR and going long on BTC as a hedge. Was told it wouldn't work. Look at it now. Fuckers.

Pokeables

“Disclaimer: The analyst who wrote this article has shares in Strategy (MSTR).”

inevitable-ask-123

mNAV isn't related to leverage like that. Even if mNAV held at 2, if BTC went up by 10% then the stock would also go up by 10%. MSTR is leveraged in the sense that it has borrowed money to buy btc, but that actually reduces the mNAV because that debt is convertible into shares. So the diluted mNAV was 0.94 last time I checked.