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MicroStrategy co-founder Michael Saylor appears to be formulating his own "Bitcoin strategy." According to Bloomberg, Saylor sold 3,882 to 5,000 shares of MicroStrategy stock in the days leading up to the SEC's approval of a spot Bitcoin ETF. These sales reportedly earned the co-founder over $20 million, marking the first time he has sold stocks in nearly 12 years.
Saylor intends to use a portion of the proceeds from these sales to invest in Bitcoin. As previously reported by Golden Finance, Saylor plans to sell up to 315,000 shares of the company's stock to increase his BTC holdings. These shares are part of stock options that Saylor acquired from the company in 2014. |
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Post time 22-1-2024 12:57:01