MicroStrategy spends 60% of cash reserves to pay back $1.5B of convertible debt. Now only has $0.87B cash left (which only covers 6.1 months of STRC dividends) for the remaining $6.7B of debt.

MicroStrategy spends 60% of cash reserves to pay back $1.5B of convertible debt. Now only has $0.87B cash left (which only covers 6.1 months of STRC dividends) for the remaining $6.7B of debt. — brisk.news