Can someone summarize this for dummies like me?
Discussion
Not a lawyer, but from what I can understand, itโs an agreement to use the 3 listed entities to sell their stock in quantities up to $750M. Basically setting up a way for companies to buy MSTR shares OTC? No price slip, but 2% maker fee.
they are selling a lot of new shares to buy a lot more ๐ฝ
and most likely being asked to do this buy these 3 firms because big players want more MSTR stock that isn't available
Thank you both I feel less dumb now ๐ค๐ผ
