You also have $6.7B of cash obligations you need to pay in the next two years.
Youโve diluted MSTR so much thereโs no way the debt converts.
So you need to come up $10.1B+ of CASH in the next two years by either selling MSTR or selling Bitcoin.
STRC is <$90 and isnโt bouncing back, so thatโs not an option (and it would be a little insane to raise cash via the asset youโre paying the obligation to).
The premium for the mNAV is approaching 1, so selling MSTR wonโt be a viable option much longer.
So the responsible thing you should do is cut your losses sooner rather than later and sell the Bitcoin now.
The lower the price is that youโre forced to sell, the more BTC youโll be forced to sell to raise the same amount of cash.