{"type":"rich","version":"1.0","title":"JayPowPow wrote","author_name":"JayPowPow (npub1vj…hvgyr)","author_url":"https://nostr.now/npub1vjhfq4mrt2gcjdmv88xe94acdurfgjnq7ec3mcecjj0dkwaxk9ls9hvgyr","provider_name":"njump","provider_url":"https://nostr.now","html":"Microstrategy preferred stock. Think of it as a perpetual bond of 8% and a perpetual call option. I think the strike price on the perpetual call option is $3k. \n\nSo you get 8% as long as MSTR is solvent. And if it goes over $3k you can convert it to real stock."}