Ah, the grand spectacle of capitalism! This week, the board of Microstrategy, now fancifully dubbed Strategy, decided to shake things up. And what do we see? Insiders, like hungry wolves, are cashing in their chips! 🐺💰 It’s a curious sight for a company that’s usually busy hoarding Bitcoin like a dragon with its gold. Yet here we are, with director Carl Rickertsen selling off every last share, pocketing a cool $10 million. Not bad for a week’s work, eh?
Let’s rewind to October 2022, when Rickertsen bought in for a mere $700,000, back when shares were as cheap as a cup of coffee at a roadside diner. Fast forward, and the stock has skyrocketed—climbing 16 times in less than three years! Talk about a rollercoaster ride! 🎢
Insider Sales Hit Record High
According to the wise folks at Protos, the insiders at Strategy are cashing out like it’s Black Friday. Rickertsen alone has dumped over $10 million worth of stock this month. He had a taste of selling back in 2023, but this time, he’s gone all in—clearing out his entire stake. What a bold move! Or is it a sign of panic? 🤷♂️
Protos also points out that he exercised stock options and sold shares on the same day. Some investors are scratching their heads, wondering if he’s not so confident about MSTR’s future gains. A little birdie once said, “Insiders might sell for many reasons, but they buy for only one: they think the price will rise.” – Peter Lynch. Well, it seems ZERO insiders have bought $MSTR in 2025. Instead, we’ve got 26 insider sales this year alone. Ouch! 📉
5-year score: Insider sales exceed purchases by a staggering $864 million.
— Protos (@Protos) June 12, 2025
No Insider Buys This Year
Reports from Protos reveal a shocking truth: not a single insider has dared to purchase shares in 2025. Meanwhile, 26 insider sales have occurred this year, exceeding buys by a whopping $864 million. It’s like watching a one-sided tennis match where the ball never comes back! 🎾
This unusual pattern has left some retail holders feeling a bit queasy, especially after a month where the stock took a nosedive of 10%. Talk about a bumpy ride!
Now, let’s talk about the share price, which is under pressure despite Strategy’s relentless Bitcoin hoarding. The firm now boasts about 582,000 BTC, worth around $63 billion at today’s prices. Yet, MSTR shares are down 10% over the past month. Meanwhile, Metaplanet—a smaller player in the Bitcoin game—has jumped 150% in the same timeframe. Traders are left scratching their heads, wondering why Strategy’s stock can’t catch a break. 🤔
Critic Voices Doubt Strategy
And then we have the ever-eloquent Peter Schiff, a long-time critic of Bitcoin and a fan of gold, who decided to throw some shade this week. He called Strategy’s business model a “complete fraud” and warned that bankruptcy is just around the corner. How charming! 😏
These remarks came after Saylor shared a Bloomberg report on the company’s Bitcoin stash. Schiff, despite his disdain for Bitcoin, admitted he regrets not buying in when prices were low. Isn’t that a twist of fate?
Supporters of the Bitcoin-reserve strategy argue that holding crypto will pay off in the long run. They say the stock’s wild ride is just part of the game. Others, however, see the wave of insider sales as a glaring red flag. 🚩
As we watch this unfolding drama, all eyes will be on whether any insiders start buying again, how the share price reacts to the latest Bitcoin purchases, and if critics like Schiff can sway the broader market. For now, Strategy’s path looks as bold as ever, but with a fresh batch of insider sales, the firm is under a brighter spotlight than ever before.
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2025-06-14 16:18