True North Clips
@Truenorthclips
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Joined September 2025
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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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