Analyst: MicroStrategy Shareholders Are Unique, As Its Bitcoin Strategy Seems Happy To Have Its Stake Diluted
According to CoinDesk, analyst James Van Straten said, “MicroStrategy's shareholders are a unique group of people, and while normally a dilution of a shareholder's stake would be considered a bad thing, being a MicroStrategy shareholder seems to be very happy to have their stake diluted because those shareholders know that MicroStrategy is buying Bitcoin, a strategy that equates to an increase in its value per share, meaning that shareholder value increases as well.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitdeer mined 122.4 BTC this week, increasing its total bitcoin holdings to 2,141.1 BTC
Ethena withdraws $7.05 million worth of ENA from an exchange, currently holding ENA valued at $100 million in total
Data: The current Crypto Fear & Greed Index is 27, indicating a state of fear.