Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
  • TRADE
Crypto Flexs
Home»ADOPTION NEWS»MicroStrategy co-founder Saylor sells $216 million worth of company stock
ADOPTION NEWS

MicroStrategy co-founder Saylor sells $216 million worth of company stock

By Crypto FlexsJanuary 3, 20242 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
MicroStrategy co-founder Saylor sells 6 million worth of company stock
Share
Facebook Twitter LinkedIn Pinterest Email
People • January 2, 2024 8:50 PM EST

Posted 1 minute ago In ~

Michael Saylor, co-founder of U.S.-based business intelligence company MicroStrategy Inc., said he is selling 315,000 shares of the company, worth about $216 million. filing On Tuesday.

Saylor previously told the company: 3rd quarter performance announcement He said he plans to use the funds to personally purchase more Bitcoin and address “financial obligations” in 2023.

“I was granted stock options in 2014 for 400,000 shares that are scheduled to expire in April of next year,” Saylor said in a call last November, adding that he planned to sell 5,000 shares per trading day from Jan. 2 to April 25. .

Microstrategy shares are up 21.65% over the past month and closed Tuesday up 8.48% at $685.15.

The company continues to be the largest publicly traded corporate holder of Bitcoin. After his last purchase of 14,620 BTC last December, he now has 189,150 BTC (worth $8.55 billion at current prices).

Bitcoin BTC

-0.13%
As of 9:30 a.m. Hong Kong time on Wednesday, it was trading at $45,182, up 0.4% over the past 24 hours, according to The Block. data. The world’s largest cryptocurrency by market capitalization Soars above $45,000 — on Tuesday at its highest level since April 2022.


Disclaimer: The Block is an independent media outlet delivering news, research and data. As of November 2023, Foresight Ventures is a majority investor in The Block. Foresight Ventures invests in other companies in the cryptocurrency space. Cryptocurrency exchange Bitget is an anchor LP of Foresight Ventures. The Block continues to operate independently to provide objective, impactful and timely information about the cryptocurrency industry. Below are our current financial disclosures.

© 2023 The Block. All rights reserved. This article is provided for informational purposes only. It is not provided or intended to be used as legal, tax, investment, financial or other advice.

About the author

Danny Park is The Block’s East Asia reporter, writing about topics including Web3 development and cryptocurrency regulation in the region. He previously worked as a reporter for Forkast.News, where he actively covered the fall of Terra-Luna and FTX. Based in Seoul, Danny previously produced written and video content for media companies in Korea, Hong Kong and China. He holds a Bachelor’s degree in Journalism and Business Marketing from the University of Hong Kong.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Gala Games improves leader board rewards and introduces preference systems.

June 20, 2025

Ether Leeum Whale starts a $ 11 million leverage betting in the 30% increase in ETH prices.

June 12, 2025

AI starts a cost -effective batch API for LLM request.

June 12, 2025
Add A Comment

Comments are closed.

Recent Posts

No Altcoin Season 2025 ? Why Bitcoin Dominance Is Holding Strong In The Crypto Market

June 28, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Safe smart account audit summary

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

CARV’s New Roadmap Signals Next Wave Of Web3 AI

June 27, 2025

Bybit Expands Global Reach With Credit Card Crypto Purchases In 25+ Currencies And Cashback Rewards

June 27, 2025

BYDFi Joins Seoul Meta Week 2025, Advancing Web3 Vision And South Korea Strategy

June 27, 2025

Earns $9,800 Per Day With BTC Breaks Through $107,000, GoldenMining Global Market.

June 27, 2025

Why Bakkt Holdings can buy Bitcoin with a $ 1 billion increase

June 27, 2025

NVIDIA RTX strengthens FITY’s AI -centered innovation in Cooler Design.

June 27, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

No Altcoin Season 2025 ? Why Bitcoin Dominance Is Holding Strong In The Crypto Market

June 28, 2025

Why It Matters For Every Crypto Investor

June 27, 2025

Why It Matters For Every Crypto Investor

June 27, 2025
Most Popular

Crypto Industry Loses $160 Million in Fraud in February 2024 | Certik Report – Defi Information

March 3, 2024

Whales move over $780,000,000 in Bitcoin, Ethereum, XRP, and Dogecoin. Here’s where cryptocurrencies are headed:

January 5, 2024

Bitwise CIO Declares ‘We Are Entering a Golden Age of Cryptocurrency, Ahead of Multi-Year Bull Market’

November 6, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.