He is a convertible bond, at worst, it can all be converted into shares.

MicroStrategy is so crazy that buying another 100,000 bitcoins would basically equal the total Bitcoin holdings of all Binance users combined, while Binance's reserves are only 600,000 bitcoins.

If they don't cash out this round, MicroStrategy will have to pay debts next round. It is already incomprehensible; if MicroStrategy explodes, it may take several years to recover, equivalent to Binance users collectively dumping Bitcoin, which is truly insane, plus they need to issue debt and sell.

Increasing ETH holdings; this Bitcoin situation can only be pulled by reserves from various countries.

$BTC $ETH #btc #eth