MicroStrategy's Michael Saylor Set to Sell Stock Options to Purchase More Bitcoin

By: Eva Baxter

In a recent development, MicroStrategy co-founder Michael Saylor has expressed plans to procure more Bitcoin for his personal stash. This acquisition will be funded by some monies from his sale of $216 million worth of MicroStrategy stock options. Saylor had previously remarked during an earnings call that he would use the funds to meet personal obligations and augment his personal Bitcoin account.