- Buy Crypto
- Markets
Futures- Spot
- Copy Trade
- Earn
- More
The Strategy stock price has dropped to a near four-month low, with Saylor stating that the company will loosen restrictions on issuing more shares.
BlockBeats News, August 20th, Michael Saylor-led Strategy (MSTR) saw its stock price drop to a near four-month low due to an overall decline in cryptocurrency treasury companies, a pullback in Bitcoin's price, and Saylor's statement that the company would relax restrictions on issuing more stock.
Since Monday, MSTR's stock price has fallen by 8%; meanwhile, Bitcoin, after hitting a historic high of $124,128 last Thursday, has dropped by 8.6% to $113,631. Saylor posted on social media on Monday: "Strategy has announced today an update to the MSTR stock ATM (additional issuance) policy to provide greater flexibility in the execution of our capital allocation strategy." He also attached a chart showing the company's ability to issue stock at levels below the previous restrictions.
The updated policy states that when MSTR's trading price is less than 2.5 times the net asset value (mNAV), the company can "strategically issue MSTR" to pay debt interest, fund preferred stock dividends, or operate in situations considered "advantageous to the company." Some MSTR shareholders criticized this move, seeing it as a significant reversal from the stance in the second-quarter report. At that time, the company only mentioned issuing stock below that level for debt repayment or preferred stock dividends.
However, some believe this is positive for Bitcoin, as it could mean MSTR might buy more BTC. According to Strategy's data, the company's current mNAV is 1.55.
You may also like
President Trump Asserts Imminent Passing of Crypto Market Structure Bill
Key Takeaways Presidential Confirmation: President Trump states the major crypto market structure bill is on the verge of…
Germany Central Bank Head Advocates for European Crypto Stablecoins Under EU MiCA Framework
Key Takeaways Joachim Nagel, head of the Germany Bundesbank, is advocating for the adoption of euro-based crypto stablecoins…
Polygon Surpasses Ethereum in Daily Fees as Polymarket Bets Rocket
Key Takeaways Polygon has outpaced Ethereum in daily transaction fees, a historic shift driven by activity on Polymarket.…
Bitcoin Price Prediction: BTC Short Squeeze Alert – Is a Significant Rebound on the Horizon?
Key Takeaways Recent data indicates Bitcoin shorts have escalated to unprecedented levels reminiscent of a major market low…
Google’s Gemini AI Predicts the Price of XRP, Solana, and Bitcoin by the End of 2026
Key Takeaways XRP’s Potential: Google’s Gemini AI forecasts XRP could reach $10 by 2026, leveraging Ripple’s payment solutions…
Top Analyst Warns Bitcoin Price Could Plummet to $10,000 Amid Deepening Bear Market
Key Takeaways Bitcoin’s value could potentially drop to $10,000 as part of an imploding bubble, suggests a renowned…
Best Crypto to Buy Now February 10 – XRP, Solana, Dogecoin
Key Takeaways XRP is poised for long-term growth with its recent strategic expansions in institutional-grade payments and tokenization.…
Kyle Samani Criticizes Hyperliquid in Explosive Post-Departure Market Commentary
Key Takeaways: Kyle Samani, after leaving Multicoin Capital, criticized Hyperliquid, a decentralized exchange, labeling it as a systemic…
XRP Price Prediction: A 50M Token Sell-Off Just Shook the Market — Is More Loss Imminent?
Key Takeaways Over 50 million XRP hit the market within a span of less than 12 hours, leading…
Strategy Plans to Equitize Convertible Debt Over 3–6 Years: What It Means for BTC
Key Takeaways Strategy, led by Michael Saylor, is equitizing $6 billion in convertible debt as a long-term strategy…
BlockFills Freezes Withdrawals as Bitcoin Declines, Heightening Counterparty Risk Concerns
Key Takeaways BlockFills, an institutional trading firm, has stopped client withdrawals amid rising market volatility and Bitcoin price…
Leading AI Claude Predicts the Price of XRP, Cardano, and Ethereum by the End of 2026
Key Takeaways Claude AI projects substantial growth for XRP, Cardano, and Ethereum by the end of 2026, with…
Crypto Price Forecast for 16 February – XRP, Ethereum, Cardano
Key Takeaways Technical trends and recent developments suggest potential growth for XRP, Ethereum, and Cardano. XRP is targeting…
Bitcoin Price Prediction: Alarming New Research Warns Millions in BTC at Risk of ‘Quantum Freeze’ – Are You Protected?
Key Takeaways Recent market movements have sparked concerns over a potential bear market for Bitcoin, marked by significant…
XRP Price Forecast: Can XRP Truly Surpass Bitcoin and Ethereum? Analyst Argues the Contest Has Already Begun
Key Takeaways XRP has maintained significant support around the $1.40 level despite a 12% decline over the past…
Best Crypto to Purchase Now February 6 – XRP, Solana, Bitcoin
Key Takeaways XRP’s Strength: Ripple’s focus on challenging traditional systems like SWIFT is driving XRP towards a potential…
South Korea Intensifies Crypto Market Investigations Following Bithumb Incident
Key Takeaways A $44 billion mishap at Bithumb has prompted South Korean authorities to step up their scrutiny…
BTC Traders Eye $50K as Possible Bottom: Key Metrics to Watch This Week
Key Takeaways Bitcoin’s price fluctuations lead traders to eye $50,000 as a critical bottom. Despite a recent rally…
President Trump Asserts Imminent Passing of Crypto Market Structure Bill
Key Takeaways Presidential Confirmation: President Trump states the major crypto market structure bill is on the verge of…
Germany Central Bank Head Advocates for European Crypto Stablecoins Under EU MiCA Framework
Key Takeaways Joachim Nagel, head of the Germany Bundesbank, is advocating for the adoption of euro-based crypto stablecoins…
Polygon Surpasses Ethereum in Daily Fees as Polymarket Bets Rocket
Key Takeaways Polygon has outpaced Ethereum in daily transaction fees, a historic shift driven by activity on Polymarket.…
Bitcoin Price Prediction: BTC Short Squeeze Alert – Is a Significant Rebound on the Horizon?
Key Takeaways Recent data indicates Bitcoin shorts have escalated to unprecedented levels reminiscent of a major market low…
Google’s Gemini AI Predicts the Price of XRP, Solana, and Bitcoin by the End of 2026
Key Takeaways XRP’s Potential: Google’s Gemini AI forecasts XRP could reach $10 by 2026, leveraging Ripple’s payment solutions…
Top Analyst Warns Bitcoin Price Could Plummet to $10,000 Amid Deepening Bear Market
Key Takeaways Bitcoin’s value could potentially drop to $10,000 as part of an imploding bubble, suggests a renowned…
App