Strategy's ATM Issuance Slows as Premium Compresses
MicroStrategy/Strategy slowed its at-the-market equity issuance program sharply in November, as the premium of MSTR shares to underlying BTC NAV narrowed.
Helena Cross//Nov 25, 2025//5m
Found 2 results for “atm”
MicroStrategy/Strategy slowed its at-the-market equity issuance program sharply in November, as the premium of MSTR shares to underlying BTC NAV narrowed.
After two years of trading at material premiums to underlying Bitcoin holdings, public miners' equity premiums have compressed sharply, with implications for ATM-driven accumulation strategies.