Michael Saylor – co-founder of MicroStrategy
Visit founder of MicroStrategy offers for sale 315,000 shares at a price of 216 million dollars. Michael Saylor plans touse the funds forbuy Bitcoin.
According to a filing with the U.S. SEC on Tuesday, Michael Saylor, MicroStrategy’s founder and former CEO, is selling a total of 315,000 MSTR shares for $216 million.
The maximalist and co-founder of the pro-Bitcoin US software company had indicated last autumn that he intended to sell shares in order to “fulfill personal obligations” and to purchase additional bitcoins on a personal basis. He assured us that the transaction would not take him away from the company, and that he would continue to support it.
MicroStrategy, which holds over 189,000 BTC and regularly acquires tokens, has been in the green with its crypto investment since October, with Bitcoin at over $30,000.
MSTR shares rose 8% on Tuesday on the Nasdaq to $685. The share price has exploded over the past year in the wake of rising cryptocurrency prices. Yesterday, Bitcoin broke through the $45,000 level.
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