MicroStrategy’s (MSTR) Michael Saylor Sells $216 Million in Bitcoin (BTC) Holder

Michael Saylor is selling almost $216 million worth of shares in MicroStrategy Inc., the software company he co-founded and turned into the largest publicly-traded holder of Bitcoin.

The 315,000 shares were acquired via stock options, according to a filing on Tuesday. A MicroStrategy spokesperson said the company previously announced a plan for Saylor to sell as much as 400,000 of stock between Jan. 2 and April 26 this year.