MicroStrategy's recent decision to increase its authorized shares has sparked considerable discussion among investors, particularly on Reddit. This move is seen by some as a strategic effort by CEO Michael Saylor to maintain flexibility for future capital raising without immediate dilution. The potential for issuing up to $10 billion in shares is viewed by some as a bullish signal, possibly paving the way for stock splits or strategic investments. Meanwhile, the company's substantial investment in Bitcoin continues to be a polarizing topic. While some investors express skepticism about the risks of such a concentrated bet, others are optimistic about the potential upside if Bitcoin prices surge significantly.
The Tidal Trust II YieldMax MSTR Option Income Strategy ETF (MSTY) rose 1.13% to $30.50 as of 7:20 AM on Friday, December 27.