Based on MSTR Bitcoin strategy, it seems it would be a better deal & less controversy for shareholders & debt holders if they issue convertible debt instead of selling shares on their way to accumulate more bitcoins.
Dilution comes back end, converted at a high premium over current stock valuation, and the funds can be used to accumulate bitcoin for more potential windfall for long-term shareholders.
Currently trading at 1.7x its bitcoin holdings, might be a better deal for shareholders if they sold debts at 3x or 4x valuation to buy bitcoins.
Instead of 21/21 plan, make it 0/42 for real long term shareholders growth! đ
Caveat: assuming Bitcoin is the future đ¤
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