Workflow
Strategy pauses MSTR ATM for the first time since revising guidance

Strategy (NASDAQ: MSTR) reported no sales under its MSTR at-the-market (ATM) program for the week of September 8–14, the first pause since the company revised its equity-issuance framework in August. The 8-K filing shows zero MSTR shares sold during the period, with 16.11billionofcapacityremainingunderthe16.11 billion of capacity remaining under the 21 billion common stock ATM. On August 18, Strategy updated its MSTR Equity Guidance, stating that when the stock’s multiple on net asset value (mNAV) is below 2.5x it may tactically issue MSTR t ...