Tag: Saylor

MicroStrategy’s Saylor Reaps a Stock Windfall During Bitcoin’s Record Run

(Bloomberg) — Michael Saylor’s decision back in 2020 to start buying Bitcoin has paid off in spades this year for the co-founder and executive chairman of MicroStrategy Inc. Most Read from Bloomberg Saylor has garnered an estimated $400 million or so from pre-planned daily sales of about 5,000 shares of the enterprise software company from […]

‘Bitcoin Is Going to Eat Gold’: MicroStrategy’s Michael Saylor

MicroStrategy CEO Michael Saylor said bitcoin will “eat” gold in the future. Bitcoin has all the the metal’s great attributes, but none of its problems. MicroStrategy on Monday purchased another 12,000 bitcoin, bringing its total holdings to 205,000 tokens. Appearing on CNBC after his company on Monday announced the purchase of an additional 12,000 bitcoins […]

MicroStrategy’s Michael Saylor Made $1.2 Billion In 3 Days Following Bitcoin Boom

Though MicroStrategy is a software and AI company, they are hoping to rebrand themselves into the “the world’s first Bitcoin development company“. Led by chairman Michael Saylor, they are putting their money where their mouth is, literally. Saylor and MicroStrategy have acquired 193,000 Bitcoins since 2020, making them the largest institutional holder of BTC in […]

MicroStrategy’s Saylor Buys 3,000 More Bitcoin for $155.4 Million

(Bloomberg) — MicroStrategy Inc., the enterprise software firm that has made buying Bitcoin part of its corporate strategy, purchased another 3,000 or so of the cryptocurrency tokens this month for $155.4 million. Most Read from Bloomberg That raised the value of the Tysons Corner, Virginia-based company’s holdings to around $9.88 billion, based on currency market […]

Michael Saylor Believes Demand for Bitcoin Products Is 10x the Supply

During a CNBC interview, Michael Saylor highlighted the ETF-driven demand surge for bitcoin, citing its novelty, digital nature, and global appeal. Saylor also said that MicroStrategy will be re-branding into a bitcoin development company, given the success of its crypto focus. Michael Saylor, MicroStrategy’s (MSTR) co-founder and executive chairman, says the recent listing of bitcoin […]

MicroStrategy’s Saylor Sold Shares Daily in Runup to ETF Launch

(Bloomberg) — MicroStrategy Inc.’s co-founder Michael Saylor has been selling company shares leading up to the US Securities and Exchange Commission’s approval of exchange-traded funds investing directly into Bitcoin. Most Read from Bloomberg The company’s executive chairman sold between 3,882 and 5,000 shares on certain days between Jan. 2 and Jan. 10, when the SEC […]

MicroStrategy’s Saylor Is Selling $216 Million of Company’s Shares

(Bloomberg) — Michael Saylor is selling almost $216 million worth of shares in MicroStrategy Inc., the software company he co-founded and turned into the largest publicly-traded holder of Bitcoin. Most Read from Bloomberg The 315,000 shares were acquired via stock options, according to a filing on Tuesday. A MicroStrategy spokesperson said the company previously announced […]