Michael Saylor to Sell $216 Million in MicroStrategy Stock Options, Buy More Bitcoin
MicroStrategy co-founder Michael Saylor plans to "acquire additional Bitcoin" for his personal holdings with some of the proceeds of the sale.
Original source
Read on DecryptRelated market context
Michael Saylor's Strategy acquires another 1,587 bitcoin for $100 million
The latest purchase was made at an average price of $63,024 per bitcoin.
Strategy bought $100 million more Bitcoin but critics say MSTR shareholders now own less of it
Strategy (formerly MicroStrategy) added another $100 million of Bitcoin to its balance sheet last week, extending a buying campaig...
Strategy Sold Shares and Bought $100 Million Bitcoin: This Is It? Bottom Was 2 Weeks Away?
Strategy just filed confirmation of a $100 million Bitcoin buy executed at an average of $63,024, which is unexpectedly before it...
Strive (ASST) Acquires 73 Bitcoin for $4.7 Million, Pushes Treasury to 19,105 BTC
Bitcoin Magazine Strive (ASST) Acquires 73 Bitcoin for $4.7 Million, Pushes Treasury to 19,105 BTC Strive, Inc. (Nasdaq: ASST) has...
‘Still adding dots’: Michael Saylor’s Strategy buys another 1,587 bitcoin for $100 million as total holdings reach 846,842 BTC
Strategy's total holdings account for more than 4% of the 21 million bitcoin supply cap — worth around $56 billion.
Bitcoin Price Claws Back From the Brink as Iran Deal, Saylor, and Armstrong Signal a Turning Tide
Bitcoin Magazine Bitcoin Price Claws Back From the Brink as Iran Deal, Saylor, and Armstrong Signal a Turning Tide Bitcoin price e...