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Michael Saylor dumps quarter billion worth of MSTR while hyping bitcoin

This month alone, Michael Saylor has sold over $70 million worth of MicroStrategy stock, while in March he sold $144 million.

Did Michael Saylor pay Bitcoin developers to stop working?

Ten31’s Matt Odell claimed this week that Michael Saylor has “actively killed deals to support developers,” and that “he is proud of it.”

According to its most recent 8K, MicroStrategy, holds 214,246 bitcoins — between 1.3% and 1.8% of all bitcoin that can ever be moved.

MicroStategy claimed in December that it would sell its bitcoin before offloading more shares. Since then, it’s sold $339 million in shares.

MicroStrategy says revenues from its analytics business may not be enough to pay its debts and it may have to sell its bitcoin or more shares.