When other companies issue more stock to raise funds, their prices often fall. However, the company behind a popular bitcoin fund, called “Strategy” (MSTR), has done the opposite. In fact, when Strategy issues more shares to buy bitcoin, its stock price tends to rise and gaps higher on trading days. This unique trend has made Strategy known for setting high prices at the end of each week. The strategy’s success in fetching strong prices is largely due to its ability to tap into investors’ desire to get in on the growing popularity of bitcoin.
Source: https://www.investors.com/news/mstr-stock-strategy-defies-gravity-stock-issuance-bitcoin