{"id":9669,"date":"2024-01-03T12:49:57","date_gmt":"2024-01-03T10:49:57","guid":{"rendered":"https:\/\/forklog.com\/en\/michael-saylor-sells-216-million-in-microstrategy-shares\/"},"modified":"2024-01-03T12:49:57","modified_gmt":"2024-01-03T10:49:57","slug":"michael-saylor-sells-216-million-in-microstrategy-shares","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/michael-saylor-sells-216-million-in-microstrategy-shares\/","title":{"rendered":"Michael Saylor Sells $216 Million in MicroStrategy Shares"},"content":{"rendered":"<p>Michael Saylor, the founder of MicroStrategy, has sold 315,000 shares of the analytics software provider, amounting to nearly $216 million. This was disclosed in a <a href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/1050446\/000197185724000008\/xsl144X01\/primary_doc.xml\">statement<\/a> to the <span data-descr=\"\u041a\u043e\u043c\u0438\u0441\u0441\u0438\u044f \u043f\u043e \u0446\u0435\u043d\u043d\u044b\u043c \u0431\u0443\u043c\u0430\u0433\u0430\u043c \u0438 \u0431\u0438\u0440\u0436\u0430\u043c \u0421\u0428\u0410\" class=\"old_tooltip\">SEC<\/span>.<\/p>\n<p>In December, Saylor announced plans to sell up to 400,000 shares of the company between January 2 and April 26, 2024.<\/p>\n<p>Over the past year, the company&#8217;s stock price has surged by 372%. At the time of writing, shares are trading at $690.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"640\" src=\"https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2024-01-03-v-12.25.23-1024x640.png\" alt=\"Snimok-ekrana-2024-01-03-v-12.25.23\" class=\"wp-image-223283\" srcset=\"https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2024-01-03-v-12.25.23-1024x640.png 1024w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2024-01-03-v-12.25.23-300x188.png 300w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2024-01-03-v-12.25.23-768x480.png 768w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2024-01-03-v-12.25.23-1536x960.png 1536w, https:\/\/u1f987.com\/wp-content\/uploads\/Snimok-ekrana-2024-01-03-v-12.25.23-2048x1280.png 2048w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Hourly chart of MicroStrategy shares on the Nasdaq. Data: <a href=\"https:\/\/www.tradingview.com\/symbols\/NASDAQ-MSTR\/\">TradingView<\/a>.<\/figcaption><\/figure>\n<p>Earlier, Saylor called Bitcoin the winner of 2023. His followers anticipate the first cryptocurrency to rise to $100,000 in 2024.<\/p>\n<p>In December, the MicroStrategy founder suggested that the launch of a spot Bitcoin ETF could be &#8220;the biggest event on Wall Street in the last 30 years.&#8221; He believes the new instrument will trigger a &#8220;demand shock&#8221; for Bitcoin, followed by a &#8220;supply shock&#8221; from the halving.<\/p>\n<p>The first cryptocurrency will either fall to zero or soar to $1 million, he noted. For the latter, the asset would need institutional-level legitimacy, according to the expert.<\/p>\n<p>Back in December, MicroStrategy purchased an additional 14,620 BTC, increasing its Bitcoin reserves to 189,150 BTC, acquired for $5.9 billion at an average price of $31,168.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Michael Saylor, the founder of MicroStrategy, has sold 315,000 shares of the analytics software provider, amounting to nearly $216 million. This was disclosed in a statement to the SEC. In December, Saylor announced plans to sell up to 400,000 shares of the company between January 2 and April 26, 2024. Over the past year, the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":9668,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1208,1207],"class_list":["post-9669","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-michael-saylor","tag-microstrategy"],"aioseo_notices":[],"amp_enabled":true,"views":"11","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/9669","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=9669"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/9669\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/9668"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=9669"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=9669"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=9669"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}