Microstrategy going strong with Bitcoin strategy

By Yugocean | Crypto Champion | 24 Dec 2024

Microstrategy is Going strong with its Bitcoin Policy, let's dive into its new development:

Expanding Board of Directors to include Cryptoverse experts

MicroStrategy has expanded its board of directors with the addition of three new members: Brian Brooks, Jen Dietz, and Greg Winiarski. All three have ties to the Cryptoverse:

Brooks is the former CEO of Binance US and the CLO of Coinbase.
Dietz is a former board member of Galaxy Digital.
Winiarski is the former CLO of global digital sports platform Fanatics.

BTC HODL increased

MicroStrategy has acquired 5262 $BTC and now HODLs 444 262 Bitcoin. Current purchase cost was $106662 per BTC, but average purchase value is $62257 per BTC. Saylor is a non stop Bitcoinist.

Calling for Shareholder votes

MicroStrategy has called a special meeting of shareholders to vote on important proposals aimed at the company's bitcoin-focused strategy.

I cannot say what is the reason behind this voting, but the result will anyway favor the side that has the majority of shares, i.e. Michael Saylor. MicroStrategy's bitcoin-focused strategy is actually Saylor's strategy.