MicroStrategy has adjusted its stock issuance policy, setting a new rule where it will not issue common shares to buy Bitcoin if its enterprise value divided by the dollar value of its Bitcoin holdings is below 2.5. This means that while the company may still issue shares to fund preferred stock dividend
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MicroStrategy has adjusted its stock issuance policy, setting a new rule where it will not issue common shares to buy Bitcoin if its enterprise value divided by the dollar value of its Bitcoin holdings is below 2.5. This means that while the company may still issue shares to fund preferred stock dividend