True North Clips
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$MSTR just made a statement that changes everything.
No more convertible debt. Ever.
Phong said it verbatim on the earnings call.
They're not just stopping new converts.
They're buying back the existing ones and wiping them off the balance sheet completely.
Because $STRC has been so successful they no longer need them.
The new capital structure is already winning.
@hillery_dan
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If $BTC goes up 13% a year for 50 years it costs $36 million per coin.
The US debt to GDP is growing at 3.5% compounded annually.
It's already at 120%.
Fiat currencies historically last 200 years.
We're looking at one that's 250 years old.
Is $36 million $BTC realistic?
Yes. Undeniably. Absolutely.
@PunterJeff
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