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.
Bitcoin24h
$87,340.06-0.45%
Ethereum24h
$2,932.43-0.50%
BNB24h
$842.25-0.82%
XRP24h
$1.87-0.47%
Solana24h
$122.19-1.12%
TRON24h
$0.2832-0.30%
Dogecoin24h
$0.1284-1.42%
Cardano24h
$0.3580-1.27%
Bitcoin Cash24h
$575.49-0.30%
Chainlink24h
$12.21-0.30%
Michael Saylor diluted MSTR by $735.2 million after saying he wouldn’t
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 continues to dilute MSTR after modifying promise
Michael Saylor is taking advantage of revised corporate guidance that would have limited MSTR dilution between 1x and 2.5x mNAV.
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.
-
Aave Labs v DAO: Who controls the money — and the brand?—by Protos Staff
-
Michael Saylor: We can solve quantum by freezing Satoshi’s BTC—by Protos Staff
-
Active Solana DEX traders down 79% year-to-date—by Protos Staff
-
The family affairs shaping Tether’s $180B empire—by Protos Staff
-
Strategy’s BTC Yield turns negative for first time in years—by Protos Staff
-
Aave Labs faces backlash over CoW Swap integration—by Protos Staff
-
Jill Gunter has wallet drained via vulnerable ThirdWeb contract—by Protos Staff
-
Do Kwon sentenced to 15 years for Terra/Luna fraud—by Protos Staff
-
Outdated algorithm caused $650M excess losses on Hyperliquid, report—by Protos Staff
