Saylor’s Sales: A Prediction of Future Bitcoin Prices?
From Nasdaq:
MicroStrategy (NASDAQ: MSTR) founder Michael Saylor has been selling stock in the company since early January, converting stock options to shares and then selling them to buy Bitcoin (CRYPTO: BTC) for himself. Over the years, Saylor’s controversial business practices have focused on increasing MicroStrategy’s stock value, and a recent surge in Bitcoin prices has profited him. The lesson for investors is to carefully consider their own investment strategies. The Motley Fool Stock Advisor analyst team did not include Bitcoin among its top recommendations.
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