Digitalwährung: Kult-Investor Michael Saylor verkauft mehr als 1600 Bitcoins

Frankfurt - Bitcoin magnate and Strategy CEO Michael Saylor has once again sold off a significant portion of his Bitcoin holdings. Last week, Saylor divested 1,638 Bitcoins, as announced by the company on Monday. This move resulted in Strategy gaining approximately $105 million to repay debts and expand its cash reserves. The decision marks a departure from Strategy's successful strategy of aggressive Bitcoin purchases, which made Saylor a cult figure in the cryptocurrency space.

During prosperous times, Saylor was celebrated for his rapid stock market gains. However, the ongoing weakness of the market has taken its toll on Saylor. Since Bitcoin's record high in October, its value has dropped by around 50%. Saylor's sales on Monday were executed at a loss of nearly $11,000 per Bitcoin. Moreover, Strategy issued a series of preferred shares that promise regular dividends.

The company used some of its newly acquired cash reserves to repurchase its most important preferred stock, STRC, which had fallen significantly below its $100 per share par value and traded at around $90 on Monday.