Key Takeaways:VanEck’s Matthew Sigel warns that issuing new shares to buy Bitcoin may dilute shareholder value. At least one public Bitcoin-holding company, SMLR, is trading near net asset value (NAV). Sigel recommends safeguards like suspending issuance below NAV, share buybacks, and executive pay reform. Matthew Sigel, Director of Digital Asset Research at VanEck, has called on public companies holding Bitcoin (BTC) to implement stronger measures to protect shareholder interests, citing dilution risks and misaligned incentives
source: https://www.binance.com/en/square/post/25691912962217?utm_source=BinanceNewsRSS