MicroStrategy again sells company shares to boost cash reserve

MicroStrategy is currently $9.13 billion underwater on its Bitcoin holdings, with an average purchase price of $75,476—far above market value. Instead of buying the dip, the company is selling off shares to build a $3.2 billion cash reserve just to cover debt interest and dividends. The "Bitcoin Treasury" strategy is bleeding billions while the company pivots back to hoarding US dollars. Is the Saylor playbook finally failing, or is this a necessary pivot? What's your take?
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