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No, they wont have to because all they have to do is pay bondholders slowly over time The corporate credit markets are really flexible, they dont care that the
by vmception 5y ago
No, they wont have to because all they have to do is pay bondholders slowly over time
The corporate credit markets are really flexible, they dont care that they bought bitcoin, they care that they have enough revenue to cover the bonds
That was the entire calculus and that is still working
The market might assign speculative pricing of MSTR shares with Bitcoin price and sentiment, but that has nothing to do with anything
- nly 5y agoThat's not true. Paying the coupon is crucial of course, but hey need the capital to pay back those bonds on maturity.