MicroStrategy Dilutes mNAV Multiple to 1.1x Through ATM Share Issuance Last Week

BTC-0.38%
According to Jason Huang, founder of NextGen Venture, MicroStrategy diluted its mNAV multiple to 1.1x through ATM share issuance last week, reducing bitcoin holdings per share. Huang noted on X that each share now corresponds to fewer bitcoins, with the official mNAV metric having declined from its prior level, as disclosed before last week's market downturn.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments