Michael Saylor’s bitcoin announcements no longer seem to pump MSTR stock
Investors dumped Strategy (formerly MicroStrategy) stock following Michael Saylor’s four most recent bitcoin purchase announcements.
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Investors dumped Strategy (formerly MicroStrategy) stock following Michael Saylor’s four most recent bitcoin purchase announcements.
— Michael Saylor, MicroStrategy
Investors are willing to pay the worst premium in nine months for MSTR shares as a multiple of the company’s bitcoin holdings.
According to Strategy founder Michael Saylor, buying bitcoin strengthens the network while selling weakens it.
Strategy reported earnings this week with Michael Saylor focusing on financial abstraction across an hour-long webinar.
— Michael Saylor, MicroStrategy
MicroStrategy reportedly raised $563.4M via its new Series A Perpetual Strike Preferred Stock after targeting just $250M for the raise.
— Michael Saylor, MicroStrategy
MicroStrategy has filed a hybrid securities shelf registration, STRK, to dilute demand for MSTR and buy more bitcoin.
MicroStrategy rallied for an FASB change that it thought would help it properly value its bitcoin — but it could come with a nasty tax.
Adding bitcoin to a company’s balance sheet has been a terrific decision for the few winners and a terrible decision for others.
As MicroStrategy continues to dilute common shareholders to add bitcoin to its balance sheet, insiders continue to sell into their bids.
Bitcoin ironically dipped below $94K during the firework-filled climax to MicroStrategy founder Michael Saylor's "$100K" New Year's Eve party.