The firm wrote:
“Convertible Debt Notes have staggered maturities & put dates between 2027-32,” the company detailed: “Strategy plans to equitize existing convertible debt over time and avoid issuing additional senior debt.”
FAQ ⏰ Can Strategy cover its debt if bitcoin falls to $8,000? Yes, Strategy says its bitcoin reserves would still match its $6.0 billion in net debt at that price. What is Strategy’s bitcoin coverage ratio at $69,000? At $69,000 per bitcoin, Strategy reports an 8.3x coverage ratio against its net debt. Why did Strategy report a $17 billion quarterly loss? The loss was described as a GAAP mark-to-market accounting impact, not a cash shortfall. When might Strategy consider selling bitcoin? CEO Phong Le said prolonged prices around $8,000 for five years could potentially force that discussion.
