Preferred share issuance is just dilution dressed up in a suit, that overhead supply pressure tends to weigh on the common stock way before any bitcoin bid shows up in price.
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Big money loading up means the bid doesn't dry out anytime soon, this is the kind of structural demand that keeps a breakout from fading.
Preferred share issuance is just dilution dressed up in a suit, that overhead supply pressure tends to weigh on the common stock way before any bitcoin bid shows up in price.