Strategy directors sold $5.2 million of company stock in the past month and plan to continue selling this week

This article is machine translated
Show original

On May 16, according to SEC files, Strategy (formerly MicroStrategy) director Jarrod M. Patten sold A-class shares worth $5.2 million in less than a month and plans to sell an additional $300,000 in stocks this week.

Strategy is currently the largest listed company Bitcoin holder, holding Bitcoin worth over $58 billion. The company's stock price rose more than 20% between April 22 and May 14, reaching a new yearly high of $421.61 this week. (DL News)

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments