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745 Michael Saylor and Jack Mallers go toe-to-toe over Strategy's bitcoin reporting metrics

CoinDesk
James Van Straten @ CoinDesk · 06/11/2026 07:52 EDT

Michael Saylor and Jack Mallers go toe-to-toe over Strategy's bitcoin reporting metrics

The two bitcoin treasury leaders renewed the debate over Strategy's mNAV and dilution, with Saylor arguing that equity issuance for cash strengthens, rather than dilutes, shareholders.

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