MicroStrategy Director Carl Rickertsen Sold Out MSTR Stock, Cashing Out More Than $10 Million

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According to Protos reported by ChainCatcher, MicroStrategy (MSTR) board member Carl Rickertsen sold all of his MSTR stocks this month, cashing out over $10 million.

Rickertsen invested $700,000 in MSTR stocks in 2022. According to legendary stock analyst Peter Lynch, "Insiders may sell stocks for various reasons, but they buy stocks for only one reason: they believe the price will rise."

Since 2022, MSTR's stock price has risen significantly. Rickertsen purchased $608,000 worth of MSTR stocks on June 13, 2022, at $152 per share, and as of today, MSTR's stock price has increased by 152% from his purchase price.

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