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SHOCKING! Michael Saylorโs Crypto Empire Crumbles as Stocks PLUMMET! ๐๐
Itโs a CRASH! Michael Saylorโs company, MSTR, is nosediving to its LOWEST level in nearly four months! The crypto treasury world is in turmoil, and Bitcoinโs recent dip is not helping matters one bit! Hold onto your wallets, folks! This is a wild ride!
MSTR STOCK PLUMMETS 8% WHILE BITCOIN DIPS DANGEROUSLY!
Since Monday, MSTR’s market performance has tanked by an astonishing 8%! Thatโs right! This disaster comes on the heels of Bitcoinโs catastrophic decline of 8.6%โfollowing a dizzying new all-time high of $124,128 just LAST THURSDAY! WHAT is going on?!
Saylorโs SHOCKING Announcement: MORE Shares and LESS Value! ๐ฑ
In a jaw-dropping statement, Saylor revealed on social media that heโs loosening restrictions on shares! โWeโre giving ourselves more flexibility in our capital strategy,โ he gushed, even sharing a chart that raises eyebrows!
When MSTR trades below 2.5 times its net asset value (mNAV)โa metric that highlights market vs. asset valueโSaylor can now โtactically issue MSTRโ to cover debts and dividends, and who knows what else!
SHAREHOLDER OUTRAGE! โYou BROKE Your Promises!โ ๐ฅ
Furious shareholders are coming out swinging! Theyโre accusing Saylor of doing a complete about-face from his Q2 earnings speech, where he promised not to sell shares below the crucial mNAV threshold! โI bought thinking he wouldnโt sell! And now heโs done it!โ one angry former investor exclaimed!
Will This Help Bitcoin? Mixed Reactions Erupt!
Some dubbed this strategy a potential lifesaver for Bitcoin! Crypto trader Kale Abe exclaimed, โHeโs clearly gearing up to buy heaps more BTC!โ MSTR currently LOOTS a staggering 629,376 Bitcoin, valued at around $71.34 billion. Talk about BIG BUCKS!
But the community is dividedโsome view the move as a desperate act, while others, like developer Endre Stolsvik, argue the previous restrictions were simply too harsh given the current numbers.
MSTRโs PLUMMETING STOCK: Down 21.04% THIS MONTH!
The harsh reality is staring everyone in the face. MSTRโs stock has tanked a jaw-dropping 21.04% over the last month, now trading at just $336.57โa level we havenโt seen since April 17 when Bitcoin was rocking at $84,030!
Itโs Not Just MSTRโThe Entire Crypto Sphere is CRUMBLING!
Other Bitcoin-holding companies arenโt faring any better! MARA Holdings down 19.44%, Coinbase down 26.97%, and Riot Platforms down 14.69%! Whatโs next? Will the crypto market EVER recover? The tension is palpable, and all eyes are on Saylor and his company as this thrilling saga unfolds!
Stay tuned for the latest drama in the crypto worldโitโs going to be a bumpy ride!
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