MicroStrategy, the largest publicly traded Bitcoin 
$93,840 holder, has added three new members to its board of directors. The company announced a new filing with the U.S. Securities and Exchange Commission (SEC), increasing the board’s size to nine members.
New Board Members
MicroStrategy has appointed Brian Brooks, CEO of Meridian Capital Group and former Acting Comptroller, Jane Dietze, Chief Investment Officer at Brown University, and Gregg Winiarski, Chief Legal Officer at Fanatics Holdings, as new board members.
Brooks, Dietze, and Winiarski will be eligible to receive stock awards under MicroStrategy’s 2023 Stock Incentive Plan. They will also qualify for compensation and other personal benefits for executives.
Michael Saylor’s Views
In addition to expanding its board, MicroStrategy continues to stockpile Bitcoin. The company purchased an additional 15,350 BTC this month, bringing its total Bitcoin holdings to approximately 444,262 BTC.
Michael Saylor, the company’s co-founder, stated that Bitcoin is emerging as “the world’s reserve capital network.” He emphasized the need to accumulate BTC to reinforce the USD’s global financial dominance.
The expansion of MicroStrategy’s board reflects the company’s strong commitment to Bitcoin and its strategic moves in this area. The new board members are experienced individuals who will contribute to the company’s Bitcoin strategy. This development aims to strengthen MicroStrategy’s presence in the cryptocurrency market.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
