Mizuho issues latest call on Michael Saylor’s Strategy stock

MicroStrategy is marketed as the ultimate Bitcoin proxy, yet shareholders are actually losing their grip on the asset. This year, Bitcoin-per-share dropped 3.7% because the company is issuing new stock faster than it can buy coins. Investors are paying a premium for a strategy that is actively diluting their exposure to the very asset they’re trying to hold. Is Michael Saylor building a Bitcoin treasury, or just a massive dilution machine for retail investors? Do you agree?
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