All that matters this quarter is Bitcoin to close Q1 at $100k or above, which will be enough to see MSTR included in the S&P 500. @saylor is most likely going to deploy the CB's in the month of march, and I imagine he will use the next three weeks to get as many billions of dollars subscribed to these CB's. The idea would be to issue one CB after the other, three of four weeks in a row. Get the IV up, get BTC up. Then April and May becomes front running S&P 500 season. June is the rebalancing.