TechFlow news — Michael Saylor, founder of MicroStrategy (MSTR), plans to sell stock options worth $216 million each trading day over the next four months. The plan includes 310,000 options granted in 2014, which will expire in April.
Saylor said this move will help him meet personal obligations and purchase more bitcoin (BTC) into his personal account.
MicroStrategy is the largest corporate holder of bitcoin, owning approximately 189,000 BTC worth $8.5 billion. Despite a broad downturn in crypto-related stocks, MicroStrategy's share price rose 8.5% on Tuesday.




