🫠 Michael Saylor is once again at the helm of strategy!
Strategy Company has bought another 430 BTC, but along with this, they broke their own rules: the mNAV limit > 2.5 is no longer mandatory. Now shares can be issued below this threshold — if the management deems the moment 'profitable'.
What does this mean?
— The old model of 'buying bitcoin in billions regardless of circumstances' no longer works.
— Pressure from competitors and a 20% drop in shares over the month forced Saylor to soften the rules.
— Now the strategy has become more flexible... or, on the contrary, riskier?
Question: is this a step towards market adaptation or a troubling signal for holders $BTC and investors of Strategy?
