Michael Sylor Sells $216 Million in Stocks!

Author: Mustafa Mulla

Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017.

Jan 3, 2024 9:45

MicroStrategy Michael Sylor is offloading nearly $216 million worth of stock, as previously announced by the company. Sylor will sell up to 40,000 shares between January 2 and April 26 of this year. The tech firm, known for its business intelligence and analytics, has seen a meteoric rise in value in the past year, with shares scouring by 372%. The move comes as the company continues to invest heavily in Bitcoin, with a current holding of over 105,000 coins worth $3 billion.