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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.

Is retail back or is MicroStrategy only pumping the price of bitcoin?

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.

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

Buying MSTR appears to earn you 98% value in MicroStrategy’s bitcoin, but when including Class B shares and convertibles, it’s less than 85%.