MSTR managed to raise $119.1 million last week through a $275 million volume transaction at above-par pricing. That's a 43% conversion rate—significantly outperforming most market forecasts. The execution clearly exceeded what most analysts had anticipated for this capital raise.
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DegenWhisperer
· 8h ago
ngl MSTR's financing data this time really proved a lot of skeptics wrong, with a 43% conversion rate. Alright, I admit defeat.
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BearMarketMonk
· 8h ago
43% conversion rate... That's really interesting. When the market is hungry, it can swallow anything.
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NFTArchaeologis
· 9h ago
A 43% conversion rate... It's a bit like the oversubscription of early digital art auctions, exceeding expectations but also indicating that there is genuine demand for this type of asset in the market.
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TokenDustCollector
· 9h ago
43% conversion rate? This guy is really something, smashing market expectations to pieces.
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DuckFluff
· 9h ago
43% conversion rate? That's a bit outrageous, MSTR is really impressive.
MSTR managed to raise $119.1 million last week through a $275 million volume transaction at above-par pricing. That's a 43% conversion rate—significantly outperforming most market forecasts. The execution clearly exceeded what most analysts had anticipated for this capital raise.