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Results for Spotlight, Bitcoin, MicroStrategy

46 stories, newest first

Michael Saylor, who controls 70% of MicroStrategy's voting power, wants to rehypothecate his company's Bitcoin. Here's what that means.

Nov 8, 2021 — Bitcoin, Coinbase

Coinbase co-founder Fred Ehrsam has now sold more company stock than chief exec Brian Armstrong and prominent investor Marc Andreessen.

We mapped 10 years worth of stock sales at the hands of MicroStrategy executives. Nearly two-thirds of all dumps happened in the past year.

MicroStrategy's Bitcoin stash makes up 80% of its market value, having spent over $2 billion on BTC since August.

MicroStrategy, the NASDAQ-listed data intelligence company run by Bitcoin bull Michael Saylor, is sitting on $4.4 billion worth of BTC.

MicroStrategy says it just bought 29,646 BTC for $21,925 per coin on average. Bitcoin is up 6% since then.