$MSTR Convertible Notes - Conversion Eligibility Watch
2027 Notes ($1.05B / 7,330,050 Shares)
Status: Eligible ✅
The 2027 notes have qualified for early conversion by the bond holders. In addition, these have also qualified for early cash redemption by MSTR.
2028 Notes ($1.01B / 5,513,489 Shares)
Status: Not Eligible ❌
We have had 12 closes above the $238.14 130% trigger price in the last 15 days. We need 8 more closes above $238.14 over the next 15 trading days.
2030 Notes ($800M / 5,341,600 Shares)
Status: Eligible ✅
The 2030 notes have qualified for early conversion by the bond holder. For these, it is 100% up to bond holder discretion and MSTR cannot call for redemption.
2031 Notes ($603.75M / 2,594,310 Shares)
Status: Not Eligible ❌
We have had 5 closes above the $302.54 130% trigger price in the last 5 day. We need 15 more closes above $302.54 over the next 25 trading days.
2032 Notes ($800M / 3,915,200 Shares)
Status: Not Eligible ❌
We have had 7 closes above the $265.63 130% trigger price in the last 7 days. We need 13 more closes above $265.63 over the next 23 trading days.
Reminder: This is only tracking eligibility. There is no obligation for the bond holders to convert or for MSTR to redeem for cash (2027 only).
BenWerkman / Ben Werkman
npub1zj…0876g
2024-11-18 21:54:30 UTC
Author Public Key
npub1zj4vtmgmsvjkhd3n0fv7tp4su5qml6mpg732pw8h8luwulu5z5kq70876gSeen on
wss://nos.lolPublished at
2024-11-18 21:54:30 UTCEvent JSON
{
"id": "c3c3c0aa778873c4d2501257ce59806e0aea28725bc3fbe62a78b3ab70c995f3",
"pubkey": "14aac5ed1b83256bb6337a59e586b0e501bfeb6147a2a0b8f73ff8ee7f94152c",
"created_at": 1731966870,
"kind": 1,
"tags": [],
"content": "$MSTR Convertible Notes - Conversion Eligibility Watch\n\n2027 Notes ($1.05B / 7,330,050 Shares)\nStatus: Eligible ✅ \nThe 2027 notes have qualified for early conversion by the bond holders. In addition, these have also qualified for early cash redemption by MSTR.\n\n2028 Notes ($1.01B / 5,513,489 Shares) \nStatus: Not Eligible ❌\nWe have had 12 closes above the $238.14 130% trigger price in the last 15 days. We need 8 more closes above $238.14 over the next 15 trading days.\n\n2030 Notes ($800M / 5,341,600 Shares) \nStatus: Eligible ✅\nThe 2030 notes have qualified for early conversion by the bond holder. For these, it is 100% up to bond holder discretion and MSTR cannot call for redemption.\n\n2031 Notes ($603.75M / 2,594,310 Shares)\nStatus: Not Eligible ❌\nWe have had 5 closes above the $302.54 130% trigger price in the last 5 day. We need 15 more closes above $302.54 over the next 25 trading days.\n\n2032 Notes ($800M / 3,915,200 Shares)\nStatus: Not Eligible ❌\nWe have had 7 closes above the $265.63 130% trigger price in the last 7 days. We need 13 more closes above $265.63 over the next 23 trading days.\n\nReminder: This is only tracking eligibility. There is no obligation for the bond holders to convert or for MSTR to redeem for cash (2027 only).",
"sig": "e59b2412dc764bbd1b85db61bc6835a04c782a04bc2f7577087177bc5cfa119b3858d7c5814ef5bce6f59d3f9313ecd0c8f9253029293580d8225584fd85b017"
}