Biggest Bitcoin Bull: MicroStrategy's Key to Success

MicroStrategy’s founder and Chairman Michael Saylor has seen ups and downs for the last 25 years. First, the dotcom bubble burst of 2000 erased a staggering 99% of the company’s stock value. In 2022, Bitcoin, a significant part of MicroStrategy’s balance sheet, collapsed more than 70% from its ATH in November.

Yet, in March 2024, MicroStrategy (MSTR) saw a staggering 461.7% increase in stock price over the past year. Despite all the dramatic events, MicroStrategy has been a success story to its investors.

Who owns MicroStrategy?

MicroStrategy Inc. develops and provides enterprise analytics and mobility software, including the MicroStrategy Analytics platform and MicroStrategy Server. The company generates revenue through licensing arrangements, cloud-based subscriptions and related services tied to their platform.

Saylor is the largest MicroStrategy shareholder, with Class B holdings worth over $2 billion, with a 68% control of the votes. Capital Research and Management Company and The Vanguard Group, Inc. are the second and third largest shareholders.

Although Saylor sold 400,000 voting shares from December to April, his stake has not decreased dramatically.

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