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MicroStrategy (MSTR) insiders have sold $40 million worth of stock over the last 90 days. Averaging more than one sale per business day over the last three months, insiders’ selling transactions outnumber their purchases 10 to one. Their sales have also been larger than any purchases, with about $40.3 million in sales versus $2.3 million in purchases per data from InsiderScreener. Sales of stock worth millions of dollars originated from decisions by the company’s vice president, chief financial officer, and director, among others. Many of their liquidations took advantage of MSTR at far higher prices than today. Indeed, insiders sold more than a dozen times above $400 per share . MicroStrategy director quietly dumps all his MSTR shares Read more: We made a dictionary of MicroStrategy’s invented terminology Insiders at MicroStrategy are selling Accountants marked some transactions with a planned sale code on Securities and Exchange Commission Form 4, indic...

Amazon shareholders have urged the company to invest at least 5% of its reserves in Bitcoin (BTC) to beat inflation and boost shareholder value, and cited the performance of Michael Saylor’s MicroStrategy. “At minimum, Amazon should evaluate the benefits of holding some, even just 5%, of its assets in Bitcoin,” a shareholder proposal shared by the National Center for Public Policy Research (NCPPR) said. Amazon Shareholders Say Company Should Look Past Bitcoin Short-Term Volatility While noting the high short-term volatility of Bitcoin’s price, the Amazon shareholders said in their proposal that the company has the “responsibility to maximize shareholder value over the long-term as well as the short-term.” Amazon can accomplish this by diversifying its balance sheet to include holdings in the leading crypto, according to the shareholders’ proposal. At the end of the third quarter, Amazon had $585 billion in total assets, which included $88...