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what does it mean sir ?
Can sell stock periodically without having to deal with the paperwork of each sale separately. Presumably raising cash to buy more $BTC?
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Thank you
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Direct from the announcement - We intend to use the net proceeds from the sale of any class A common stock offered under this prospectus for general corporate purposes, including the acquisition of bitcoin, unless otherwise indicated in the applicable prospectus supplement.
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will help them cover their debt interest payments as well
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Can you get more Chad, asking for a friend
Thanks. Twitter will use this to make your timeline better. UndoUndo
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I doubt it. if he just sits on the shares, they act as a "proof of liquidity" for current and future investors to assuage any concerns about MSTR's ability to cover near term obligations.
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This assuages fears that he will have to dump btc if it falls below 18k. He can dilute instead of having to sell or go bankrupt.
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