Deep Tide TechFlow news, on August 20, according to Cointelegraph, due to the correction in Bitcoin prices and adjustments in the company's stock issuance policy, Strategy (MSTR) stock price dropped 7.43% yesterday, closing at $336.57, the lowest level since April 17.
Earlier news, Strategy CEO Michael Saylor announced an update on stock issuance guidelines, stating that when MSTR's stock price is below 2.5 times its net asset value (mNAV), the company can conduct strategic stock issuance. This news has sparked controversy among shareholders, with some believing it contradicts the statements made in the second quarter financial report, while others view it as a positive signal for increasing Bitcoin holdings.