CryptoCoinDesk3 days ago
Saylor debates Strategy share sale dilution claims
1 min read
Strategy's BTC Yield dropped from 13.0% to 12.8% after buying 1,550 BTC, prompting Matthew Kratter to argue the share sale was dilutive on a bitcoin-per-share basis. Michael Saylor countered that BTC Yield excludes cash holdings, making the $100 million reserve addition accretive when total assets are considered.
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