Strategy's stock price fell to its lowest point in nearly 4 months, or due to Bitcoin price correction and the company's stock issuance policy adjustments
TechFlame
2025-08-20 04:40
TechFlame2025-08-20 04:40
TechFlame reports that, according to Cointelegraph, Strategy (MSTR) shares fell 7.43% yesterday to close at $336.57, the lowest level since April 17, probably due to Bitcoin price correction and the company's stock issuance policy adjustments.
Earlier, Strategy CEO Michael Saylor announced an update to the stock issuance guidelines. When MSTR's share price falls below 2.5 times its net asset value (MNaV), the company can issue strategic shares. The news sparked controversy among shareholders. Some people thought it was contrary to the statement in the second-quarter earnings report, while others viewed it as a positive sign to increase their Bitcoin holdings.