Strategy's $6.69B dollar liquidity nearly matches its convertible notes

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1. 1Strategy (MSTR) holds $6.69 billion in dollar liquidity, nearly matching its outstanding convertible notes and effectively bringing net leverage to near zero
2. 2The liquidity consists of $5.1 billion in designated USD reserves and $1.59 billion in flexible cash, while the convertible notes total roughly $6.75 billion
3. 3Melker explained that the company is stockpiling cash rather than selling Bitcoin at low prices in order to retire existing debt and simplify its capital structure

Source CoinDesk +1 · View original ↗

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