$93,512.00
-0.33%$1,762.73
-2.33%$2.20
-1.49%$599.90
-1.05%$150.96
-0.40%$0.999928
0.00%$0.179889
0.51%$0.716016
2.25%$0.245695
-0.38%$1,761.03
-2.44%$93,423.00
-0.26%$3.31
10.97%$14.96
-0.99%$22.21
-1.38%$0.278989
4.17%$9.24
1.27%$0.00001359
0.50%$3.17
-0.77%$0.187454
3.53%$2,112.65
-2.30%$1.00
0.02%$352.23
-1.82%$4.26
3.74%$83.96
0.64%$18.58
0.42%$1.001
-0.09%$4.41
-2.46%$1,759.29
-2.26%$0.99962
0.01%$0.652495
-1.75%$226.09
-1.89%$28.69
0.08%$1,875.02
-2.28%$93,491.00
-0.41%$0.00000869
-2.24%$5.78
-4.84%$5.46
1.50%$51.31
-1.49%$354.63
4.19%$0.9692
5.31%$2.52
1.46%$23.41
-0.57%$5.16
-0.97%$1.049
-0.02%$31.75
-2.49%$0.09753
1.92%$1.00
0.00%$16.66
-1.03%$0.091368
0.75%$166.35
-0.75%$0.72608
2.73%$12.08
-14.58%$4.47
-0.79%$0.02657935
1.37%$0.246141
11.44%$1.17
-0.00%$4.57
3.02%$0.352439
3.36%$0.224362
4.54%$93,360.00
-0.23%$2.83
1.25%$0.704542
12.74%$4.25
0.43%$2.84
1.94%$0.33957
-0.15%$0.507531
-1.11%$0.999348
0.05%$4.12
-0.44%$93,372.00
-0.50%$0.787806
1.84%$10.40
0.02%$0.841027
8.13%$0.450274
-1.01%$1,494.10
0.47%$157.83
-0.27%$0.00001529
2.53%$0.074456
-1.85%$0.898114
3.57%$1.12
2.70%$1.12
1.31%$0.603989
2.36%$74.39
2.77%$1,762.15
-2.58%$0.0165418
-0.31%$0.681855
0.70%$3.80
1.00%$0.199674
2.23%$1,831.23
-2.35%$10.04
4.81%$599.74
-1.22%$0.677232
3.95%$0.094382
3.68%$1.001
0.08%$0.999792
-0.02%$1.00
-0.10%$1,985.19
-2.16%$3,367.89
1.26%$0.01691736
-1.22%$93,047.00
0.65%$3,374.02
1.36%$1.00
0.01%$0.01739543
1.34%$194.14
-0.40%$166.15
-0.55%$13.27
-6.24%$2.58
-1.13%$0.832747
1.90%$0.200054
2.24%$93,376.00
-0.42%$0.299803
0.29%$0.711332
2.86%$0.02094571
-1.45%$1,875.82
-2.27%$3.79
3.85%$0.00007086
0.48%$0.11578
-1.18%$0.677189
2.87%$0.997722
-0.04%$0.524732
2.40%$2.02
-0.79%$0.400255
0.98%$0.00000064
-0.79%$93,427.00
-1.08%$0.999573
-0.07%$30.79
-0.19%$0.32305
1.58%$1.093
-0.70%$0.236993
-3.80%$1.81
-0.47%$0.159355
4.18%$17.34
1.07%$0.550134
1.89%$1,841.99
-2.16%$3.44
3.95%$34.26
-0.31%$0.546972
0.68%$0.053039
-2.98%$0.00569785
-3.41%$0.519122
-3.59%$0.646867
0.08%$0.999062
0.01%$0.450709
1.69%$1.38
6.14%$94,807.00
0.00%$1.00
0.01%$0.00851377
0.54%$0.517333
-0.20%$0.737568
0.48%$0.067005
-0.56%$93,372.00
-0.31%$90,787.00
-0.61%$2.20
0.83%$0.999909
0.00%$0.179681
0.22%$0.56846
7.66%$16.12
4.40%$1.65
-4.55%$1,838.73
-1.32%$0.00711057
7.22%$0.00002232
1.78%$0.150953
-0.81%$6.19
1.85%$6.58
1.82%$0.246146
11.35%$110.81
0.01%$93,385.00
-0.22%$0.00000043
-0.23%$0.167767
-8.04%$2.58
2.18%$0.515884
-0.17%$0.079794
0.98%$1.084
0.01%$1.002
0.16%$1,754.22
-2.46%$0.04120512
0.01%$1,876.91
-2.33%$0.334973
1.76%$43.70
1.19%$3.57
-1.64%$1,761.83
-2.47%$1,762.76
-2.31%$0.08355
2.00%$1.00
-0.01%$0.374608
11.10%$0.00698803
-1.85%$1,763.08
-2.41%$0.179076
0.29%$21.60
-0.47%$1.001
-0.18%$0.00006407
-1.21%$0.830765
0.46%$0.998755
-0.09%$0.00409182
-1.89%$0.554688
-1.56%$0.01728915
-0.59%$0.997882
-0.36%$0.342143
3.72%$1,805.82
-1.95%$0.999822
0.01%$0.120208
0.61%$0.03169064
0.17%$2.76
0.50%$0.683074
2.87%$27.84
2.86%$93,298.00
-0.32%$0.24401
1.69%$1.21
-0.67%$1.00
0.01%$0.696184
0.62%$0.646138
-1.72%$0.00000143
-10.03%$0.00422978
-6.26%$112.14
-1.89%$93,328.00
-0.69%$3.55
-0.79%$1,740.53
-2.20%$0.280159
2.88%$3,331.20
4.49%$0.274964
0.02%$0.999954
0.10%$0.13449
-3.43%$1.14
2.46%$22.16
-1.00%$2.87
-1.31%$0.189159
-0.37%$0.113556
-0.12%$15.87
2.88%$0.03754174
0.63%$1,866.36
-2.29%$0.01295972
1.55%$0.513207
-0.04%$1,760.38
-2.31%$0.447158
0.87%$0.745631
1.45%$0.252441
0.75%$1,876.00
-0.46%$0.953655
0.28%$0.02950938
-1.39%$22.21
-1.32%$18.65
0.07%$1.00
0.09%$1.096
-0.00%$2.23
-0.32%$0.0026555
-2.73%$1,930.07
-2.35%$93,364.00
-0.26%$1.00
0.03%$0.0022845
3.99%Reading
Michael Saylor, the co-founder of software firm MicroStrategy, is to sell $216 million worth of stock options in the company, with some of the proceeds going towards buying more Bitcoin for his personal stash.
The sale of his stock options was revealed in a filing with the U.S. Securities and Exchange Commission (SEC), in which Saylor proposed to sell 310,000 stock option awards granted in 2014.
Speaking on MicroStrategy's fourth-quarter earnings call, Saylor explained that, "I was granted a stock option in 2014 with respect to 400,000 shares, which is going to expire next April if I don't exercise it by then." He added that he plans to exercise and sell 5,000 shares each trading day, starting on January 2nd and ending on April 25th, "subject to a minimum price condition."
Saylor said that, "Exercising this option will allow me to address some financial obligations as well as to acquire additional Bitcoin for my personal account."
The MicroStrategy co-founder and executive chairman is a vocal proponent of Bitcoin, having undergone a Damascene conversion since claiming that the cryptocurrency's "days are numbered" in 2013. Since then, MicroStrategy has undergone a Bitcoin buying spree, acquiring 189,150 BTC, worth over $8.5 billion at today's prices.
MicroStrategy has acquired an additional 14,620 BTC for ~$615.7 million at an average price of $42,110 per #bitcoin. As of 12/26/23, @MicroStrategy now hodls 189,150 $BTC acquired for ~$5.9 billion at an average price of $31,168 per bitcoin. $MSTR https://t.co/PKfYY59sTW
— Michael Saylor⚡️ (@saylor) December 27, 2023
Saylor has also bought Bitcoin for his personal holdings, revealing in a 2020 tweet that he had acquired 17,732 BTC at an average purchase price of $9,882. Saylor retweeted his 2020 post in October 2021, stating that, "You do not sell your #bitcoin."
At current prices, Saylor's personal Bitcoin holdings are worth just over $800,000,000. Assuming it's held in one address, Saylor's personal Bitcoin holdings would place him among the top 103 Bitcoin addresses, per BitInfoCharts (with the caveat that Bitcoin can be held across multiple addressess by one individual).
Speaking during the conference call, Saylor said that he remains "optimistic" about MicroStrategy's prospects, and will retain a "very significant" equity stake in the company. Buoyed by Bitcoin's recent price surge above $45,000, MicroStrategy's stock price rose to $691.74 in pre-market trading. In a December 31 tweet, Saylor celebrated MicroStrategy's 2023 performance, noting that the company had been "empowered" by Bitcoin.
Investment firm RockawayX has successfully secured $125 million for a new early-stage venture capital fund, intended to support crypto-focused communities, particularly those centered around Solana. The investment firm plans to direct its newly raised funds toward discovering and financing projects that enhance the growth of the Solana ecosystem, recognized as the second-largest Layer 1 by total value locked, according to a statement by RockawayX. “Rather than investing in more L1s, we focused...
Crypto infrastructure startup Theo has bagged $20 million to bring Wall Street-grade trading strategies to everyday investors. The funding round—led by Hack VC and Anthos Capital—drew backing from some of the biggest names in traditional finance, including Citadel, Jane Street, and JPMorgan, alongside crypto-native players like Mirana Ventures, Flowdesk, and Selini Capital. Theo’s team plans to use the newly raised funds to build institutional-grade trading infrastructure offerings for less tech...
Solana-based decentralized wireless network Helium is collaborating with AT&T to provide the telecom giant's subscribers with access to mobile hotspots. The collaboration will allow AT&T members to take advantage of expanded network coverage thanks to Helium’s community-operated network. Additionally, AT&T will be provided a set of “coverage quality metrics” developed by the decentralized network. “Working with AT&T is a massive step forward in our mission to bring affordable and accessible co...
