Co-founder of MicroStrategy Inc., Michael Saylor has reportedly earned around $400 million from pre-planned daily sales of the enterprise software company’s shares. This windfall stems from a strategic move initiated back in 2020 when Saylor began accumulating Bitcoin, a decision that has proven immensely lucrative. The significant rise in MicroStrategy’s stock price this year, doubling to approximately $1,280, has substantially contributed to Saylor’s profits, outpacing even the gains seen in the original cryptocurrency during the same period.
Future of Bitcoin and MicroStrategy
Anticipation mounts as investors await MicroStrategy’s first-quarter results, scheduled for release after regular stock trading on Monday. Analysts predict flat revenue of approximately $122 million and a net loss of 61 cents per share. Nonetheless, MicroStrategy’s continued investment in Bitcoin remains a focal point, with the company having spent over $1 billion on the digital asset in the first th
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