Odaily星球日报讯 Michael Saylor 于 X 平台发文称，MicroStrategy 依靠其比特币财务运营。通过 ATM（“自动化市场做市商”）产品出售波动性，将比特币的风险、波动性和业绩从固定收益证券中剥离，并将该业绩转移给 MSTR 股票持有人。

Michael Saylor：MicroStrategy通过比特币财务运营为MSTR股票持有人创造价值

Odaily Odaily News Michael Saylor posted on the X platform that MicroStrategy relies on its Bitcoin financial operations. It sells volatility through ATM (&quot;Automated Market Maker&quot;) products, stripping Bitcoin&#39;s risks, volatility and performance from fixed-income securities and transferring the performance to MSTR stock holders.

Michael Saylor: MicroStrategy creates value for MSTR stockholders through Bitcoin financial operations

#Bitcoin #Cryptocurrency #MicroStrategy

Full video: https://youtu.be/Ij5hrTmfOgs?si=t42O61WA9fVuWeHy
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How to buy cryptocurrency? https://www.youtube.com/watch?v=EmLq8I8efTU&t=48s

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'CRO' must be translated into 'CRO'. 
'HT' must be translated into 'HT'. 
'AR' must be translated into 'AR'.

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If you already know the correct answer! Don't spread the risk! MicroStrategy Bitcoin’s Amazing Layout! Michael Saylor【Bonnie Blockchain】【Essence Edition】

Odaily Planet Daily Report: Analysis points out that MicroStrategy Executive Chairman Michael Saylor has lost voting control over the company. For most of the company's history, the dual-class share structure has separated ownership and voting rights. As of October 21, Saylor held 51.7% of MicroStrategy's total voting rights in common stock. Specifically, Saylor's overwhelming control of Class B common stock, which has a 10:1 voting ratio over Class A shareholders, means that even as his equity exposure decreases as a percentage, he can still maintain majority control. Due to one person controlling the management of the company and unilaterally making decisions (such as shifting the company's focus from software to buying Bitcoin), Nasdaq has defined MicroStrategy as a "controlled company". According to Nasdaq governance rules, a controlled company does not need to have an independent board of directors, independent compensation or nomination committee, or independent nominations. MicroStrategy also does not need to have independent directors decide Saylor's compensation or the compensation of advisors, legal counsel, and other consultants. However, as MicroStrategy has issued a large amount of stock and debt to purchase Bitcoin, Saylor's voting control is now less than 50%. Although Class B shares have 10 times the voting rights of Class A shares, the company has issued so many Class A shares that their voting rights now exceed those of Class B shares. About a week ago, MicroStrategy established a new MicroStrategy Board Nomination Committee, led by Carl J. Rickertsen, and adopted a new Nomination Committee Charter. More details on Rickertsen's nomination and the powers granted by the new company charter will be disclosed in future SEC filings, no later than the company's next quarterly report (scheduled for mid-February 2025).

Analysis: Michael Saylor's voting control of MicroStrategy has fallen below 50%

Odaily Planet Daily Report: Andrew Kang, a partner at Mechanism Capital, posted on <X platform> that MicroStrategy has been pushed up by <BTC>, with the premium rate constantly hitting new highs, which traditional finance cannot understand, and there is a certain degree of dullness towards MicroStrategy's model.