#MichaelSaylor

MicroStrategy (MSTR) Hits 4-Month Low Amid Bitcoin Dip and Share Issuance Shift

Michael Saylor’s MicroStrategy (MSTR) has tanked to $336.57, its lowest since April, down 8% since Monday and 21% over the past month, as seen in the finance card above. The drop aligns with an 8.6% Bitcoin ($BTC ) price decline from its $124,128 peak last week. Saylor’s recent move to loosen restrictions on issuing MSTR shares below 2.5x mNAV (currently at 1.55) has sparked debate. Some shareholders criticize the shift as a reversal from Q2 promises, while others see it as a bullish signal for more BTC purchases—MicroStrategy already holds 629,376 BTC ($71.34B).

Crypto treasury firms like MARA (-19.44%), Coinbase (-26.97%), and Riot (-14.69%) are also down. Is Saylor’s strategy a bold BTC bet or a risky pivot?