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MSTR strategy advocates sell shares, claiming Michael Saylor lied about dilution

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2025-08-20 02:30:01
Strategy (formerly MicroStrategy) influencers have liquidated his holdings and called company founder Michael Saylor a liar. Josh Mandell has more than 140,000 followers on social platform X and is highly regarded as a key voice for the company in forums such as r/MSTR. A post he posted today went viral, claiming that Strategy executives had broken their previous solemn promises.
Protos previously reported that Saylor decided to amend page 96 of the company's July 31 earnings PowerPoint. Crucially, he changed the company's guidelines for not diluting common shareholders (MSTR) when the MSTR share price is between 1 and 2.5 times its ** net asset value (mNAV) ** ratio.
Yesterday morning, however, Saylor added a third "catch-all" exception, which goes beyond the previously promised interest and dividend payments.
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