Is mstr moving toward negative bitcoin yield?

Issuing shares for cash to pay divs is smart but it LOWERS the bitcoin per share all else being equal. More sares same # bitcoin. MSTR defines bitcoin yield as the "increase in bitcoin per share".

So if bitcoin per share goes from 1 to 1.1 over a month the increase is .1 and the previous was 1 so bitcoin yield of 10%. 10% more bitcoin per share. That's how it's DEFINED. Note it has nothing to do with mnav.

Now it risks going in reverse. Not a big deal but the headlines might surprise some people who assumed bitcoin per share only went 1 way (up or positive bitcoin per share).