According to the Daily Planet, crypto KOL Adam Cochran said that MicroStrategy issued convertible notes due in 2025 and 2028, with expected revenue of $120 million and costs of approximately $188 million, and MicroStrategy faces $36 million in debt interest. Cochran emphasized that if MicroStrategy fails to pay the convertible notes in 2025, it will be converted into company equity worth $725 million, resulting in a dilution of approximately 15% for original shareholders.