A couple of thoughts on the bitcoin credit market (MSTR):
1. The preferreds are holding up as they should in a downturn.
2. If Saylor is looking to get credit ratings for the preferreds, is this actually good signal to the credit rating agencies?
3. Saylor has mentioned closing out the convertible bonds. Is there a benefit to Saylor, Strategy, Common stock holders, and/or preferreds if they close out the convertible bonds closer to 1x mNAV?
About to chat with AI about this, but please repost this if you see it. Would love to get some thoughts from people on this.
HODL (nprofile…zc47) walker (nprofile…26u9) LynAlden (nprofile…8qv9) MartyBent (npub1guh…6hjy)
TDR
npub1yx…uk6zq
2025-09-25 15:46:18 UTC
Author Public Key
npub1yx7npnf7yxpp0kd9620wulfmn49r0eh7u6uv4c886hvk0x6urdssluk6zqSeen on
wss://relay.damus.ioPublished at
2025-09-25 15:46:18 UTCEvent JSON
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"content": "A couple of thoughts on the bitcoin credit market (MSTR):\n\n1. The preferreds are holding up as they should in a downturn. \n\n2. If Saylor is looking to get credit ratings for the preferreds, is this actually good signal to the credit rating agencies? \n\n3. Saylor has mentioned closing out the convertible bonds. Is there a benefit to Saylor, Strategy, Common stock holders, and/or preferreds if they close out the convertible bonds closer to 1x mNAV? \n\nAbout to chat with AI about this, but please repost this if you see it. Would love to get some thoughts from people on this. \n\nnostr:nprofile1qqsp4lsvwn3aw7zwh2f6tcl6249xa6cpj2x3yuu6azaysvncdqywxmgpp4mhxue69uhkummn9ekx7mqpzfmhxue69uhk7enxvd5xz6tw9ec82csddzc47 nostr:nprofile1qqsvfr3f7p95stxqrjslnmuvsmhcxxxqt8swjdfjx5tz7zq0yms5cygpramhxue69uhhyetvv9ujumn0v3jhyatwdejhyuewdejhgam0wf4sz9rhwden5te0wfjkccte9ejxzmt4wvhxjmcmg26u9 nostr:nprofile1qqsw4v882mfjhq9u63j08kzyhqzqxqc8tgf740p4nxnk9jdv02u37ncpz4mhxue69uhkummnw3ezumtpd35kutn0dekqz9thwden5te0wfjkccte9e4kzmts9eekjar9y08qv9 nostr:npub1guh5grefa7vkay4ps6udxg8lrqxg2kgr3qh9n4gduxut64nfxq0q9y6hjy \n\n",
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