Bitcoin evangelist Michael Saylor has made $370 million from the sale of MicroStrategy shares this year. MicroStrategy’s founder entered into a stock-sale agreement with the company last year to sell his shares in the company until April 2024 this year.
Michael Saylor Made $370 Million From Share Sale
MicroStrategy founder and executive chairman Michael Saylor pocketed $370 million from MicroStrategy stock sale, reported CNBC on April 19. On Wednesday, he also sold shares worth $3,023,309 with sales prices for these shares between $1,189.12 and $1,258.05.
Saylor made a stock-sale agreement with the company last year to sell up to 400,000 shares in the first four months of 2024. With 90% of the plan completed, Saylor has made substantial profits from stock sales. The increase in Bitcoin price and MicroStrategy stock price.
MicroStrategy currently owns 214,246 BTC, holding 1% of all Bitcoin in the world after the latest buy of 9,245 BTC for $623 million. Saylor is the largest sharehold
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