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.
Published at
2025-02-17 02:57:11Event JSON
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"content": "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. \n\nSo you get 8% as long as MSTR is solvent. And if it goes over $3k you can convert it to real stock.",
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