Michael Saylor makes $370 million this year selling MicroStrategy stock

PANews April 19 news, according to CNBC, MicroStrategy founder Michael Saylor signed a stock sale agreement with the company last year, allowing him to sell up to 400,000 shares before April this year. The latest filing shows that as of this week, more than 90% of the plan has been completed (that is, 370,000 shares have been sold), and Saylor has pocketed approximately $370 million.

MicroStrategy shares have retreated over the past month, but are still up more than 90% this year after surging 346% in 2023.