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Michael Saylor has lost voting control of MicroStrategy

Michael Saylor’s Class B MicroStrategy stock outvoted Class A 10:1, but so much Class A now exists that he has lost voting control.

Four companies buy bitcoin on leverage as NASDAQ lists options

Bitcoin is not only rallying after the re-election of Donald Trump but is further fueled by corporate leverage at four public companies.

In 2023, MicroStrategy’s average bitcoin purchase price was near $30,000. Today, that average has jumped to near $50,000.

MicroStrategy executives boasted about the ability to yield higher bitcoin exposure per MSTR share over time. We read the fine print.

Bitcoiners applauded a post by Marty Bent’s TFTC that claimed Michael Saylor convinced the Hawk Tuah girl to buy bitcoin.