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Strategy loyalists sell MSTR, say Michael Saylor lied about dilution

According to a few Strategy loyalists, Michael Saylor’s revision of his MSTR dilution promise below 2.5x mNAV means that he lied.

MicroStrategy abandons MSTR dilution promise after mNAV drop

Anti-dilution guidance from MicroStrategy only lasted two weeks. In its place is revised, vague language about ‘advantageous’ conditions.

Tensions are escalating in a spirited debate between MicroStrategy (MSTR) investors and skeptics about whether the stock is a Ponzi scheme.

MicroStrategy investors have started to notice that their leveraged treasury stock is starting to underperform BTC.

Bitcoin (BTC) treasury companies today share certain similarities with mania of US investment trusts from the Roaring ‘20s.