Strategy (MSTR) Stock Falls as Bitcoin Hovers Around $87K
MSTR fell as Bitcoin hovered near $90K. Saylor’s Strategy bought 10,645 BTC for ~$980M, lifting its treasury to 671,268 BTC.
MicroStrategy Chairman.
Michael J. Saylor is an American entrepreneur and business executive, who co-founded and leads MicroStrategy, a company which provides business intelligence, mobile software, and cloud-based services. Saylor authored the 2012 book The Mobile Wave: How Mobile Intelligence Will Change Everything. He is also the sole trustee of Saylor Academy, a provider of free online education. As of 2016, Saylor has been granted 31 patents and has 9 additional applications under review.
As of August 8, 2022, Saylor has stepped down as Microstrategy’s CEO following the loss 917 million dollars in Bitcoin holdings. He was succeeded by Phong Le, president of Microstrategy prior to Saylor stepping down. Saylor led the company as CEO for 33 years.
MicroStartegy Incorporated
Feb 4th, 1965
American
McLean, Virginia, United States
Massachusetts Institute of Technology, S.B., Aeronautics & Astronautics, History of Science - 1983-1987
1614
$1.9 B
MicroStrategy Incorporated - Chairman, President
Saylor Academy - Founder
The Federal Group, Inc.
DuPont - Internal consultant
MSTR fell as Bitcoin hovered near $90K. Saylor’s Strategy bought 10,645 BTC for ~$980M, lifting its treasury to 671,268 BTC.
Saylor teases fresh BTC buy with “Back to More Orange Dots” as BTC hovers near $90K; Strategy holds ~660,624 BTC after Dec. 12 add.
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Michael Saylor’s Strategy bought 8,178 BTC at $102K, leaving part of its portfolio underwater. Bitcoin faces continued pressure amid a bear market.