I think this design for $STRK is pretty compelling: an 11.69% fixed effective yield, plus the option to convert to $MSTR in the future—a pretty attractive combination.
Later on, you can even choose not to convert right away, keep holding it and collect dividends calculated daily at an 11.69% effective yield, while rising along with $MSTR . That’s a pretty clever setup.
Later on, you can even choose not to convert right away, keep holding it and collect dividends calculated daily at an 11.69% effective yield, while rising along with $MSTR . That’s a pretty clever setup.