No, MicroStrategy Not Selling 10 Billion Shares to Buy Bitcoin
MicroStrategy (MSTR), the business intelligence firm, is in the news again. This time, there are speculations that the Michael Saylor-led firm plans to issue 10 billion MSTR shares to purchase an additional $3 trillion worth of Bitcoin (BTC). Analyst dispels MicroStrategy rumors Jeff Park, Head of Alpha Strategies at Bitwise Asset Management, proffered reasons not to … Read more