💬 Michael Saylor: “It’s Not Debt — It’s Convertible Debt”💐🫀
Michael Saylor clarifies that MicroStrategy’s Bitcoin-backed debt carries no recourse risk.
"Bitcoin could drop from $100K to $1K — the debt won’t be called," he stated. Since it's convertible debt, lenders can’t demand repayment in case of a crash.
Saylor emphasises that this structure offers strategic flexibility, even during high volatility.
No margin calls. No liquidation risk. Just long-term conviction.
