🐋 WHALE WATCH: MicroStrategy is managing its balance sheet like an absolute tank.


They just used $1.38 billion in cash to retire $1.5 billion worth of their 2029 convertible bonds at a steep discount. This effectively wipes out a huge chunk of future debt risk in one single swoop.
For $BTC holders this completely kills the narrative that Saylor could ever be forced into a cascading liquidation event.
Are you taking notes on how they manage this treasury ?
BTC-1.28%
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GateUser-16cd01b4
· 10h ago
LFG 🔥
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