Founder of MicroStrategy, Michael Saylor, Initiates Daily Stock Selling Plan to Purchase Bitcoin.

MicroStrategy founder Michael Saylor will sell 315,000 shares of MicroStrategy stock, starting from January 2, 2024, until April 25, in daily increments of 5,000 shares. Saylor explained that these were options acquired in 2014 when he chose to receive a salary of only $1. If these options are not exercised, they will expire. He plans to invest the proceeds from the sale into his financial plans, including purchasing Bitcoin. However, even after selling these shares, he will still retain the majority of the ownership.