The bitcoin price fell sharply on Wednesday morning, undercutting the average $76,052 price that Strategy has paid for its stash of the cryptocurrency. Despite that, the downward momentum in the bitcoin price and MSTR stock has left the company founded by Michael Saylor facing a potential do-or-die choice as it gets set to report earnings on Thursday afternoon. The choice involves how Strategy will prepare for early redemptions of its convertible debt for cash, now that the crash in MSTR stock has made it likely investors will seek the earliest out possible.