MSTR Stock Crashes As Michael Saylor Takes U-turn on mNAV Policy

Strategy stock crashed 7% on August 19, as Michael Saylor announced plans for further MSTR equity dilution, taking a U-turn on its mNAV policy. The MSTR stock price touched a four-month low, closing at $336 on Tuesday. Several company loyalists have dumped their stock holdings, criticizing Saylor for his sudden policy changes. Michael Saylor Faces

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