Why Nostr? What is Njump?
2025-02-17 02:57:11
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JayPowPow on Nostr: Microstrategy preferred stock. Think of it as a perpetual bond of 8% and a perpetual ...

Microstrategy preferred stock. Think of it as a perpetual bond of 8% and a perpetual call option. I think the strike price on the perpetual call option is $3k.

So you get 8% as long as MSTR is solvent. And if it goes over $3k you can convert it to real stock.
Author Public Key
npub1vjhfq4mrt2gcjdmv88xe94acdurfgjnq7ec3mcecjj0dkwaxk9ls9hvgyr