#CreatorPad
In order to alleviate shareholder concerns, Strategy Company has pledged not to issue new common shares at a price lower than 2.5 times its net asset value, except when used to pay interest on debt or preferred stock dividends. At the same time, Saylor will continue to seize market opportunities when the stock price is high to sell more shares and convert the proceeds into new Bitcoin purchases.
With this step, the company achieves two goals at once: establishing a minimum stock price to reassure shareholders, and providing new financial ammunition to continue buying Bitcoin. This strategy puts Saylor in direct confrontation with hedge fund managers like Jim Chanos, who are betting on the collapse of the stock's price differential.
Brian Dobson, the CEO of Clear Street, stated, "This action will reassure ordinary shareholders concerned about the potential dilution of their stakes." He added that the market is showing a positive response to Strategy's investment products, noting that "demand is clear through the company's massive capital raising."
