MicroStrategy director cashes out $10M

MicroStrategy director cashes out $10M originally appeared on TheStreet.

Strategy (Nasdaq: MSTR), earlier known as MicroStrategy, director Carl Rickertsen has cashed out all his MSTR shares for more than $10 million this month.

Helmed by co-founder and executive chairman Michael Saylor, Strategy is the world's largest public corporate holder of Bitcoin As of now, the company holds 582,000 BTC worth a whopping $61.25 billion.

As per Strategy, Rickertsen has been its board member since October 2002.

Protos reported about the recent transactions made by Rickertsen in a news story on June 12.

As per Protos, Rickertsen bought $700,000 in MSTR shares in 2022 and sold half of it in 2023. Now, he has let go of all of his MSTR holdings.

On June 2, Rickertsen acquired 26,390 shares and then sold the same day for $9,827,636. On 3 June, he sold 980 shares for $371,488.60 that he had acquired on May 13.

Notably, Strategy began acquiring Bitcoin in 2020 amidst the coronavirus pandemic, and the MSTR stock has since grown more than 3,100% in value since then.

The recent Iran-Israel conflict led to the stock dipping as the market opened on June 13, but it managed to recover later. At press time, MSTR was trading at $379.82.

Meanwhile, Bitcoin has grown more than 1,100% in value since 2020 As per Kraken, Bitcoin was trading at $105,245.08 at press time, down 2.81% a day.

TheStreet Roundtable reached out to MicroStrategy for a comment on the matter and has not received a response so far. We will update the story if and when the company responds.

MicroStrategy director cashes out $10M first appeared on TheStreet on Jun 13, 2025

This story was originally reported by TheStreet on Jun 13, 2025, where it first appeared.

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