Microstecity (NASDAQ: MSTR) only to make Another bold step, as it announced plans to recover all $ 1.05 billion from its premium transformed bonds by 0 % and deserved in 2027. In front of investors who own these bonds until February 20, 2025 to convert them to shares at $ 142.38 each, otherwise, they will be done Microstrategy by paying the original amount completely on February 24. This comes at a time when the company continues to buy bitcoin that is unabated, as it now has approximately 461,000 Bitcoin. 48.65 billion dollars. It has collected its latest version of 3 billion dollar convertible bonds, which strengthened its high -risk approach and high rewards to benefit from bitcoin as the origin of the company’s treasury.
But there is a potential storm brewing. Reports Indicate Microstrategy may face a huge federal tax bill worth $ 2.9 billion on Bitcoin’s ungrate gains under the law to reduce inflation. Although this proposal has not yet become law, it is sufficient to keep investors to be ready. Meanwhile, Microstrategy is preparing to increase the ambitious capital of $ 42 billion, with shareholders agree to 30 times an increase in the authorized Class A shares. The arrow was volatile, which reflects the insecurity of investors about the risk of mitigation and tax obligations looming on the horizon.
Despite the risks, large money does not decline. Glossing companies such as Allianz Global Investors and State Street buy a convertible Microstrategy bonds without voucher, as they consider them a more intelligent way to bet on Bitcoin without fully exposed to its fluctuations. Hedge boxes are also used by these bonds in convertible, to take advantage of the unbridled fluctuations of the arrow. But the skeptics warn that the aggressive strategy pursued by a microscopic company that carries frightening echoes of previous speculation bubbles such as Enron World. With the high bitcoin and Microstrategy double, the real question is: How long can this game continue before the risks are increasing?
This article appeared for the first time in Goreovox.
