
Michael Saylor dumped MSTR, STRF, STRK, STRD for latest bitcoin buy
For the first time ever, MicroStrategy admitted that over the course of a single week, it diluted all four classes of the company’s public securities. The liquidations are classed as accretive dilution because the sales allow the company to buy slightly more bitcoin (BTC) than the proceeds of its sales. This is only possible, of course, because investors bid up its shares to a premium to its BTC holdings, and founder Michael Saylor obviously hopes to continue attracting bids that maintain it. The company made $472 million in net proceeds by dumping shares of MSTR, STRK, STRF, and STRD at-the-market…








