0 sats \ 3 replies \ @jp 10 Sep 2022 \ parent \ on: MicroStrategy Raising $500M To Buy More Bitcoin bitcoin
No, there will be more shares so the existing shareholders will be diluted by the latest issuance.
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125 sats \ 0 replies \ @Wumbo 10 Sep 2022
Got to love inflating shares in your own company to facilitate buying an asset that can not be inflated.
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0 sats \ 1 reply \ @badabing 10 Sep 2022
Mstr is just a bitcoin etf at this point, so that logic makes less sense.
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100 sats \ 0 replies \ @jp 10 Sep 2022
Dilution makes sense for existing investors if their overall value of their holdings has gone up. 10% of a company valued at 10M is worse than 8% of a company valued at 100M.
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