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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.

MSTR investors are hoping for good news from the US Index Committee on Friday about its potential S&P 500 inclusion.

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

Jim Chanos’ hedged MSTR short-sale is probably up 15-35% depending on the assumptions you make about his cost basis and fees.