1. Sale of shares worth $7 million
MicroStrategy Senior Executive Vice President Shao Wei-Ming sold 20,252 shares of the company at prices ranging from $322.45 to $368.49 per share. The total amount of sales was $7,027,840.
2. Parallel acquisition of shares
Shao acquired 20,500 shares through options and vesting at prices ranging from $0 to $17.50 per share, costing him $315,000.
3. Trading plan according to rule 10b5-1
All trades were conducted within the framework of a pre-agreed trading plan to exclude insider manipulation.
4. MicroStrategy Financial Context
- Software revenue for Q3 2024 declined 10%, but subscription revenue rose to 24% of total revenue.
- The company remains the largest corporate holder of Bitcoin and plans to raise $42 billion to increase its crypto assets.
5. Market trends and $BTC
#Bitcoin 's sharp rise to $82,000 caused short sellers in the crypto sector to take losses, with crypto stocks such as Coinbase rising 16%.
6. Positive dynamics of shares
Stock yield#MicroStrategy over the past year amounted to 547.63%, but the company continues to face operating losses and falling revenue (-7.35% over the past 12 months).
Podpishis @Sasha why NOT
