Michael Saylor, Executive Chairman of MicroStrategy, has sparked speculation with a cryptic Sunday post featuring a chart with green dots, deviating from his usual orange. This has led to conjecture about a potential announcement regarding bitcoin sales or balance sheet changes.
MicroStrategy CEO Phong Le mentioned the possibility of selling bitcoin to fund dividends if the company's multiple to net asset value (mNAV) drops below 1. Concerns persist about MicroStrategy's ability to pay preferred dividends without diluting common stockholders or liquidating bitcoin holdings.
Michael Saylor's Cryptic Post Fuels Bitcoin Speculation
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