The disruptions begin as MicroStrategy's exposure to Bitcoin volatility increases!

2 minutes MicroStrategy removes the protection on its stock issuance, allowing shares to be sold regardless of valuation, causing a lack of investor confidence. MicroStrategy, the largest corporate holder of Bitcoin (BTC), is facing increasing backlash. This comes after CEO Michael Saylor announced a now-controversial update to the company's stock issuance policy.

The move removed a long-standing protection that prevented the company from selling shares for less than 2.5x its net asset value (mNAV), a metric designed to protect shareholders from dilution.

Investor confidence shakes as MicroStrategy prefers "flexibility" over assurances

In a post dated August 18, Saylor stated that the company had updated its MSTR Equity ATM guidance to provide greater flexibility in executing our strategy in capital markets.#BinanceHODLerPLUME $BTC