Bitcoin evangelist Michael Saylor has made $370 million from MicroStrategy stock sales this year
Publishing timestamp: 2024-04-19 08:30:01
Summary
MicroStrategy founder Michael Saylor has sold about $370 million worth of shares this year through a stock-sale agreement with the company. Despite a recent pullback in MicroStrategy shares, Saylor has pocketed a significant amount of money. Some speculate he may be using the cash to buy more bitcoin. The company has been a Wall Street darling, with a significant portion of its market cap tied to its bitcoin holdings. Saylor remains bullish on the company, especially with the upcoming bitcoin halving event.
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