94% of Strategy’s bitcoin buys since August were from diluting MSTR
Since Strategy removed a ban on ATM share sales between 1-2.5x mNAV six weeks ago, MSTR dilution has paid for 94% of its BTC purchases.
Since Strategy removed a ban on ATM share sales between 1-2.5x mNAV six weeks ago, MSTR dilution has paid for 94% of its BTC purchases.
Despite persistent purchases and tens of billions of dollars worth of institutional ownership, MSTR is nowhere close to an all-time high.
Strategy founder Michael Saylor thinks that a short seller of MSTR is botting social media to spread skepticism about his company.
Bitcoin Treasuries NYC Unconference attendees hoped for a better answer from Michael Saylor about the ongoing Core vs. Knots debate.
Options are trading for every type of share at Michael Saylor’s Strategy, except for the company’s first and most bullish preferred share.