Saylor's Sales: A Prediction of Future Bitcoin Prices?
(NASDAQ: MSTR) founder and chairman Michael Saylor started selling stock in his own company in early January, culled from his portfolio of stock options. Astute investors may have noticed that the sales have been very consistent and are still going on today.
Even keener observers, of course, saw this process coming from a mile away -- actually, from early November 2023. They also know how long Saylor's sales will go on, and why he is doing it.
In case you missed the early hints, here's why Michael Saylor is converting a massive lot of stock options into MicroStrategy shares, only to sell them immediately on the open market. Spoiler alert: Saylor has not lost faith in his data analytics business. He simply wants to buy some Bitcoin (CRYPTO: BTC) for himself.
Source Fool.com
Microstrateg.a New Stock
With 11 Buy predictions and not the single Sell prediction the community is currently very high on Microstrateg.a New.
With a target price of 1730 € there is a slightly positive potential of 7.72% for Microstrateg.a New compared to the current price of 1606.0 €.
