JUST IN: Strategy announces a new mNAV-based framework for issuing common stock to buy Bitcoin:
Below 2.5x mNAV: No equity issuance (except for debt interest or preferred dividends)
2.5x–4.0x: Opportunistic issuance to buy Bitcoin
Above 4.0x: Active issuance to buy Bitcoin
oh man NAV to me is 'navigation' and I'll always read the SI-standard. stocks are not shitcoins ! and wut is ATM ? clearly vibes of a bubble
what ever nostr:nprofile1qqs2xs05tluhtr6hpgsmqqxp04898gayjlyrjlexcrndv8j6el784xqpp3mhxue69uhkyunz9e5k7qg4waehxw309ajkgetw9ehx7um5wghxcctwvs0vd8n5 is doing I think they know their shit
