Strategy's EVP Exits Entire MSTR Stock Holdings Amid Insider Sales Frenzy
Thomas Chow, Strategy's EVP and General Counsel, has completely sold his holdings of MSTR stock. The sale occurred after he acquired 106 shares under the company's employee stock purchase plan (ESPP) at $138.75 per share just days earlier. The net value of the sale was approximately $14,707.
Chow still holds small direct holdings of preferred stocks, including Series A Perpetual Stretch Preferred Stock and Series A Perpetual Strike Preferred Stock. His decision to exit MSTR stock entirely has raised speculation about further upside for the company.
This is not an isolated incident; other Strategy insiders have sold MSTR stock at a record rate this year. Director Jarrod Patten and other executives executed larger sales in recent months, even as the Bitcoin treasury's unrealized losses swung to profit and began boosting BTC holdings again.