[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  Farmer B [@BarmerFee](/creator/twitter/BarmerFee) on x XXX followers Created: 2025-07-18 11:02:29 UTC Oof! $BKSY down big pre-market on the news of a $160M convertible bond offering. Why I’m optimistic: - This is a strategic move after a HUGE run up in the share price to raise some cash. 💰 - The conversion rate of the notes are priced favorably at ~$36.77/share vs. yesterdays close of $28.29/share ✅ - BlackSky will be using the cash to pay off $103M of debt and $10M of revolving credit. 🏦 - The remainder will be used towards operating expenses and CapEx investments. 🛰️ - This is an important step forward on the path to profitability for $BKSY 📈 If you’ve been looking for an entry point into @BlackSky_Inc, now may be a great time!  XXXXX engagements  **Related Topics** [10m](/topic/10m) [$10m](/topic/$10m) [debt](/topic/debt) [$103m](/topic/$103m) [$2829share](/topic/$2829share) [$3677share](/topic/$3677share) [$160m](/topic/$160m) [$bksy](/topic/$bksy) [Post Link](https://x.com/BarmerFee/status/1946163661594055015)
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Farmer B @BarmerFee on x XXX followers
Created: 2025-07-18 11:02:29 UTC
Oof! $BKSY down big pre-market on the news of a $160M convertible bond offering.
Why I’m optimistic:
This is a strategic move after a HUGE run up in the share price to raise some cash. 💰
The conversion rate of the notes are priced favorably at ~$36.77/share vs. yesterdays close of $28.29/share ✅
BlackSky will be using the cash to pay off $103M of debt and $10M of revolving credit. 🏦
The remainder will be used towards operating expenses and CapEx investments. 🛰️
This is an important step forward on the path to profitability for $BKSY 📈
If you’ve been looking for an entry point into @BlackSky_Inc, now may be a great time!
XXXXX engagements
Related Topics 10m $10m debt $103m $2829share $3677share $160m $bksy
/post/tweet::1946163661594055015