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MicroStrategy has changed its rules.

Now, the issuance of new shares will occur even if the stock price falls below 2.5 times the net asset value (NAV).

This has caused backlash from the company's shareholders, some of whom have even questioned the company's promises.

On Tuesday, MSTR shares closed down 7.43% to $336.57, and after market close, they fell another 0.76%, reaching a new low since April 21.

This decline occurred amid a recent drop in Bitcoin to around $113,000 and the company's latest announcement to expand its stock sale plan to buy more BTC.