Critics keep screaming that Strategy will be a forced seller of Bitcoin, so Strategy CEO Phong Le laid out what it would actually take
The realistic scenario is 3.5 billion in prefers due in 2028 with a high strike, and only if Bitcoin is way down and the share price is depressed, but even then they could refinance or equitize, so the forced selling fear is an edge case two years out, not a real near-term risk
#Bitcoin #MicroStrategy #Saylor #Crypto
