MicroStrategy (NasdaqGS:MSTR) has issued a high yield Perpetual Stretch Preferred Stock tied to its Bitcoin strategy. Anthony Scaramucci of SkyBridge Capital has called this preferred structure an ...
MicroStrategy borrowed money to buy Bitcoin at $100,000 or higher. The loans had little in the way of interest; however, they have conversion features that could dilute equity. On Tuesday, MSTR ...