Conversion Ratio (MSTR)
The number of common shares receivable per convertible security upon exercise.
What is Conversion Ratio (MSTR)?
Conversion ratio is the par value of a convertible security divided by the conversion price, determining shares issued on conversion. For Strategy’s notes, ratios range from 1.49 (2029) to 6.68 (2030 A), all in-the-money as of 2025.
Adjustments occur for splits or dividends to maintain value.
Related Terms
mBridge
A multi-CBDC platform for cross-border payments using blockchain.
ECDSA
A cryptographic algorithm used to create digital signatures for securing and verifying transactions in blockchain networks like Ethereum.
Federal Funds Interest Rate
The interest rate at which depository institutions lend reserve balances to each other overnight, targeted by the Federal Reserve to influence economic activity.
Digital Asset Treasury (DAT)
Public companies that strategically accumulate digital assets(primarily BTC or ETH) as core treasury reserves to drive shareholder value and provide digital asset market exposure.
Block and Block Height
A block is a collection of transactions recorded on a blockchain, and block height is the sequential number of a block in the chain, starting from the genesis block.
Base Chain
Coinbase's Ethereum Layer 2 network built on the OP Stack, optimized for on-chain applications and developer accessibility.