{"id":7327,"date":"2025-01-13T10:17:14","date_gmt":"2025-01-13T10:17:14","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=7327"},"modified":"2025-01-13T10:17:14","modified_gmt":"2025-01-13T10:17:14","slug":"michael-saylors-microstrategy-faces-risk-if-mstrs-0-convertible-bond-lenders-recall-non-recourse-loans-due-to-covenant-breach-heres-what-it-means-for-investors","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=7327","title":{"rendered":"Michael Saylor&#8217;s MicroStrategy Faces Risk If MSTR&#8217;s 0% Convertible Bond Lenders Recall Non-Recourse Loans Due To Covenant Breach: Here&#8217;s What It Means For Investors"},"content":{"rendered":"<div>\n<p><strong>Bitcoin<\/strong>\u2018s (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) levered play <strong>MicroStrategy Inc<\/strong> (NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/MSTR#NASDAQ\">MSTR<\/a>) could face the risk of redemption on its 0% convertible debt upon the occurrence of unforeseen events breaching the covenants governing these notes despite the bonds being an unsecured, senior obligation.<\/p>\n<p><strong>What Happened:<\/strong> Bitcoin prices have dropped over 8.63% in the last one-month and it\u2019s approximately 17% below the all-time high of $108,319.87, as of Jan. 13.<\/p>\n<p>The cryptocurrency is not collateral for the 0% convertible notes as these notes are unsecured. Despite this, any huge price swings could impact the company with the largest Bitcoin reserves.<\/p>\n<p>CEO <strong>Michael Saylor<\/strong>\u2018s MicroStrategy holds 2.116% of the total BTC supply or a total of 444,262 coins, valued at $41.249 billion.<\/p>\n<p>According to its regulatory filings and earnings reports, in the &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/general\/market-summary\/25\/01\/42938954\/michael-saylors-microstrategy-faces-risk-if-mstrs-0-convertible-bond-lenders-recall-non-re\" alt=\"Michael\" saylor microstrategy faces risk if mstr convertible bond lenders recall non-recourse loans due to covenant breach: here what it means for investors>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin\u2018s (CRYPTO: BTC) levered play MicroStrategy Inc (NASDAQ:MSTR) could face the risk of redemption on its 0% convertible debt upon the occurrence of unforeseen events breaching the covenants governing these notes despite the bonds being an unsecured, senior obligation. What Happened: Bitcoin prices have dropped over 8.63% in the last one-month and it\u2019s approximately 17% [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-7327","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/7327","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7327"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/7327\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7327"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7327"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7327"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}