Michael Saylor revealed on Aug. 18 that Strategy (formerly MicroStrategy) has revised its stock issuance policy amid the financial instrument’s current downward trend. The company had previously limited stock sales below 2.5x market-to-net asset value (mNAV) strictly to cover debt interest or preferred share dividends. Under the new rules, the firm can now issue stock
The post Strategy eases MSTR stock sale limits as shares hit lowest level since April appeared first on CryptoSlate. CryptoSlate Read More
About The Author
