Michael Saylor, founder of Strategy (formerly MicroStrategy), diluted his company's stock by $735.20 million just two weeks after promising not to dilute ordinary shareholders.
On July 31, 2025, Saylor and its executives assured shareholders at Strategy's second-quarter earnings conference that the company would not dilute its stake in order to buy Bitcoin (BTC) when the MSTR multiple of net assets (mNAV) was between 1 and 2.5 times, unless it was to pay interest or dividends.
Michael Saylor Diluted Stock MSTR by $735.20 million After Claiming It Would Not Dilute
2025-09-04 01:20:03
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