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Bitcoin evangelist Michael Saylor has made $370 million from MicroStrategy stock sales this year

From cnbc.com

MicroStrategy founder and bitcoin evangelist Michael Saylor entered into a stock-sale plan with his company last summer that allowed him to unload up to 400,000 shares in the first four months of 2024. It was a timely agreement for the 59-year-old crypto billionaire. With the plan more than 90% of the way to completion, Saylor has netted about $370 million from this year’s stock sales, thanks to the stratospheric rise in value of MicroStrategy, which is effectively a bitcoin holding company. Saylor, who started MicroStrategy in 1989 as a software and tech consulting business and still serves as chairman, has emerged ... (full story)

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  • Category: Fundamental Analysis