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