$117,326.00
-0.85%$3,717.90
0.35%$3.14
-0.17%$783.73
1.39%$185.86
1.40%$0.999908
0.01%$0.235599
1.40%$3,714.85
0.45%$0.31614
0.64%$0.814525
1.28%$117,310.00
-0.74%$43.86
3.62%$4,493.65
0.44%$3.96
6.08%$0.432019
1.57%$18.28
1.71%$3,989.88
0.20%$555.36
8.61%$0.260309
9.05%$3,984.93
0.42%$23.97
0.85%$113.49
1.02%$3,722.70
0.49%$0.00001406
3.52%$8.97
0.02%$3.19
2.24%$0.999925
0.01%$1.001
0.03%$0.999946
-0.06%$43.95
-0.58%$4.09
2.10%$10.36
2.17%$117,391.00
-0.73%$321.17
-0.68%$0.00001251
-0.02%$4.55
-1.01%$293.51
1.88%$0.132228
4.34%$1.19
-0.02%$426.41
2.62%$0.611175
29.65%$2.86
4.62%$22.65
1.25%$0.441942
-0.88%$1.035
1.37%$4.75
2.14%$5.61
2.14%$226.59
1.61%$48.07
-0.18%$0.00003521
6.69%$0.100404
2.07%$0.766071
2.64%$0.03867791
3.07%$1.00
0.00%$0.266845
1.78%$0.442204
2.77%$3,717.75
0.17%$0.02571456
3.79%$1.001
0.06%$4.19
3.42%$4.70
1.76%$0.233396
1.40%$17.61
-0.56%$1.16
2.08%$10.09
1.27%$0.092322
9.00%$4.52
0.56%$0.333026
4.41%$0.739008
2.15%$198.16
1.59%$2.65
2.32%$1.89
7.87%$120.98
0.72%$4,238.38
0.38%$117,290.00
-0.83%$3,897.05
0.35%$1.06
0.00%$0.550462
1.99%$5.47
6.63%$5.08
0.51%$0.02229295
-2.61%$12.01
-0.71%$0.999795
0.01%$1.035
8.30%$1.95
6.23%$3,911.33
0.38%$0.08656
2.33%$3,985.93
0.73%$13.98
3.29%$0.999942
-0.04%$0.998047
0.00%$1.36
3.14%$4,022.23
0.45%$1.31
-0.22%$0.807538
3.94%$0.719484
3.40%$0.00012933
3.51%$3,916.23
0.48%$1.00
-0.03%$117,247.00
-0.85%$209.18
1.62%$0.333591
2.15%$1.07
3.34%$0.563379
2.98%$0.104911
2.46%$783.80
1.27%$1.56
1.88%$0.999809
-0.08%$1.094
1.94%$0.187636
7.92%$0.00271152
4.54%$0.163885
0.72%$3,714.84
0.49%$2.74
3.55%$28.49
1.15%$3,355.24
-0.65%$0.892105
1.59%$117,234.00
-0.85%$243.78
1.72%$0.350528
-2.68%$118,957.00
-0.06%$1.11
-0.00%$0.574997
0.21%$1.00
0.06%$0.882542
2.46%$0.01721783
2.22%$3,356.80
-0.38%$0.206955
3.64%$3,722.09
0.38%$2.99
-2.00%$0.01758318
1.92%$3,983.03
1.01%$3,877.17
-0.59%$0.885945
-0.39%$0.304082
2.22%$0.128958
3.86%$4.47
4.14%$9.05
-15.60%$1.97
-0.00%$111.94
0.02%$0.573374
16.69%$1.093
-0.17%$0.998587
-0.01%$0.00000068
-0.37%$117,440.00
-0.45%$0.99957
-0.02%$0.412112
1.42%$40.59
0.92%$0.385942
0.50%$3,720.09
0.41%$3.38
1.62%$1.93
0.57%$0.446623
2.92%$0.316836
2.33%$0.00872936
-0.37%$0.236361
1.76%$0.00000151
3.38%$0.997876
0.02%$29.11
3.99%$3,956.41
0.42%$0.999925
0.00%$0.574516
-1.14%$117,362.00
-0.91%$0.555081
-0.46%$116,544.00
-2.27%$0.055965
3.52%$3,719.88
0.42%$4,104.31
0.54%$1.00
-0.03%$0.01559758
1.31%$0.00579914
-6.02%$0.074021
-0.03%$0.656357
1.90%$1.48
1.93%$0.00863817
-0.09%$7.71
6.16%$43.87
3.73%$0.9975
-0.18%$1.17
4.88%$4,017.47
0.15%$0.40943
1.51%$0.636007
3.07%$0.132364
4.21%$16.42
2.07%$0.185121
4.28%$6.55
0.55%$1.16
-0.02%$1.011
2.32%$0.00000046
-0.12%$48.66
1.63%$4,496.77
0.36%$0.00002266
2.46%$3,708.56
0.31%$0.432307
10.30%$0.399845
-0.28%$2.60
3.15%$1.36
4.94%$5.26
8.73%$3,721.22
0.45%$7.37
1.09%$10.76
0.01%$0.00814043
1.43%$0.04232132
1.87%$1.094
0.00%$0.056174
2.52%$1.00
0.13%$13.65
0.31%$43.71
3.98%$0.999908
-0.00%$0.189656
-6.97%$0.999896
-0.00%$1.001
0.35%$0.083702
4.20%$0.279085
1.94%$203.96
1.77%$23.98
1.15%$0.575316
0.20%$145.10
0.60%$29.15
0.92%$0.380537
4.38%$1.36
1.06%$0.01927037
2.50%$0.141958
1.84%$0.558345
-0.41%$0.03701682
-0.55%$22.29
1.03%$0.00363461
-0.72%$0.00522712
5.37%$0.0337959
0.80%$0.357426
19.35%$0.788255
-0.03%$0.00000085
6.11%$116,898.00
-0.59%$0.00006303
1.72%$117,270.00
-0.78%$0.848068
6.45%$0.00397879
-6.15%$0.744114
-1.71%$0.233079
1.14%$0.803082
1.15%$1.37
2.22%$0.999802
0.00%$0.00387581
-0.65%$3,898.59
0.20%$4,182.52
0.17%$0.00359507
5.05%$1.002
0.24%$0.086205
-2.17%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.
Another day, another crypto treasury. Biotech firm Windtree Therapeutics said Thursday that it plans to buy up to $700 million worth of BNB to put on its balance sheet—one day after the asset hit a new all-time high price. The Warrington, Pennsylvania-based company, which trades on the Nasdaq under the ticker WINT, said that it is raising up to $520 million to fuel BNB purchases after previously announcing a plan to buy $200 million in the cryptocurrency. It also said it would partner with crypt...
A former digital assets executive at BlackRock, Joseph Chalom, has joined publicly traded Ethereum treasury company SharpLink Gaming as co-CEO, the firm announced on Friday. Chalom, who helped launch BlackRock’s Bitcoin and Ethereum ETFs, led the financial giant’s strategy on digital assets as the managing director and head of strategic ecosystem partnerships. “After 20 years at BlackRock and helping to lead its digital asset strategy, I’m beginning a new chapter: I’ve joined SharpLink Gaming a...
At Tron’s principal place of business in Winter Park, Florida, there are no apparent signs of Chinese crypto mogul Justin Sun or the $30 billion blockchain that he founded, such as placards, business cards, or even a sign. Instead, the publicly traded Tron—formerly known as SRM Entertainment—keeps a low profile at Regus, a communal office space in the affluent Orlando suburb, where the firm specialized in designing theme park merchandise and stuffed goods under its previous name. Two representat...
