MicroStrategy insiders keep dumping MSTR stock

币界网报道:MicroStrategy insiders continue to offload company shares as the stock surges alongside Bitcoin’s rally, regulatory filings reveal. CFO Andrew Kang sold $5.3 million worth of MSTR shares on March 5, following President Phong Le’s $13.6 million sale in February. Since December 2023, MicroStrategy executives have collectively cashed out over $55 million in shares. The sales coincide with the company’s aggressive Bitcoin accumulation strategy, having purchased an additional 3,000 BTC ($155 million) in February. Despite insider selling, MSTR shares have climbed 45% year-to-date, buoyed by Bitcoin’s 50% surge. MicroStrategy remains the largest corporate Bitcoin holder with 193,000 BTC ($10 billion). Analysts note the sales represent a small fraction of executives’ holdings, but the timing raises questions as the company doubles down on crypto investments.

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