Strategy trades at nine-month low multiple to its bitcoin holdings

Investors are willing to pay the worst premium in nine months for MSTR shares as a multiple of the company’s bitcoin holdings.
Investors are willing to pay the worst premium in nine months for MSTR shares as a multiple of the company’s bitcoin holdings.
MicroStrategy reportedly raised $563.4M via its new Series A Perpetual Strike Preferred Stock after targeting just $250M for the raise.
MicroStrategy has filed a hybrid securities shelf registration, STRK, to dilute demand for MSTR and buy more bitcoin.
Bitcoin ironically dipped below $94K during the firework-filled climax to MicroStrategy founder Michael Saylor’s “$100K” New Year’s Eve party.
In November 2022, MicroStrategy had liquidation prices on its bitcoin that the crash almost triggered. Nowadays, its debts are different.