Bitcoin24h $113,010.07-1.26%

Ethereum24h $3,997.19-2.80%

XRP24h $2.65-0.38%

BNB24h $1,113.16-1.95%

Solana24h $194.38-3.41%

Dogecoin24h $0.1937-3.26%

TRON24h $0.2971-0.19%

Cardano24h $0.6453-2.85%

Hyperliquid24h $47.45+0.35%

Chainlink24h $17.91-2.95%

Michael Saylor was selling MSTR ahead of S&P 500 decision

Strategy was selling hundreds of millions of dollars worth of MSTR ahead of the company’s disappointing S&P 500 Index news.

How Nasdaq spooked Strategy and crypto treasury stocks

Nadsaq may tighten transparency rules to ensure that shareholders are aware of dilutive stock offerings to buy volatile crypto assets.

Since revoking his promise not to dilute MSTR to buy BTC between 1-2.5X mNAV, Michael Saylor has diluted by another $735.2M.

Michael Saylor is taking advantage of revised corporate guidance that would have limited MSTR dilution between 1x and 2.5x mNAV.

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