⚡️👀 NEW - Michael Saylor posts the Saylor Bitcoin tracker, hinting at buying more Bitcoin
Discussion
Without looking that means his MSTR common stock price just dropped
I guess we have to wait for the market to open lol forget sometimes that everything doesn’t trade 247 like bitty
Yeah I'd bet a million sats it was enabled by another MSTR common stock issuance.
The question is, who is he issuing it to?
Dilution is the name of his game. Don’t they just sell them ATM to the open market? This is why the price keeps dumping because he keeps increasing supply.
As a very small shareholder I have 2 choices.
Sell at a loss or trust that the guy has his shareholders interests at heart.
I'm betting on the latter but I'm certainly going to be more careful about making fiat bets in the future.
FAFO - I take full responsibility.