They don't usually, but Dec 31st 2024 they gave a massive $14+ per share div, this was to reduce the price and payout share holders. This caused the stock to drop a lot.
This is what ended up being what happened with my covered calls, I was buying up contracts from people who sold before this div event. This caused the contracts to be adjusted with a $1442.76 debt per contract, in addition to the typical 100 underlying shares.
With how much Michael Saylor has been buying Bitcoin, raising shares then buying more Bitcoin was surprised people wanted a payout.
Think the liquidation price was 20k in March but with how often they buy their average grows.
A lawsuit was filed in the United States District Court for the Eastern District of Virginia on behalf of investors who purchased or acquired the securities of Strategy between April 30, 2024 and April 4, 2025, inclusive., alleging violations of the Securities Exchange Act of 1934 against the Company and certain of its senior officers.
According to the lawsuit, defendants made misrepresentations concerning the anticipated profitability of the Company's bitcoin-focused investment strategy and treasury operations.
They don't usually, but Dec 31st 2024 they gave a massive $14+ per share div, this was to reduce the price and payout share holders. This caused the stock to drop a lot.
This is what ended up being what happened with my covered calls, I was buying up contracts from people who sold before this div event. This caused the contracts to be adjusted with a $1442.76 debt per contract, in addition to the typical 100 underlying shares.
With how much Michael Saylor has been buying Bitcoin, raising shares then buying more Bitcoin was surprised people wanted a payout.
Think the liquidation price was 20k in March but with how often they buy their average grows.
Well you didn't lose but if you want haha Class Action
https://www.globenewswire.com/news-release/2025/06/16/3099789/0/en/MICROSTRATEGY-INCORPORATED-NASDAQ-MSTR-SHAREHOLDER-ALERT-Bernstein-Liebhard-LLP-Reminds-MicroStrategy-Incorporated-Investors-of-Upcoming-Deadline.html
A lawsuit was filed in the United States District Court for the Eastern District of Virginia on behalf of investors who purchased or acquired the securities of Strategy between April 30, 2024 and April 4, 2025, inclusive., alleging violations of the Securities Exchange Act of 1934 against the Company and certain of its senior officers.
According to the lawsuit, defendants made misrepresentations concerning the anticipated profitability of the Company's bitcoin-focused investment strategy and treasury operations.