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MicroStrategy has expanded its board of directors from six to nine members, adding Brian Brooks, Jane Dietze, and Gregg Winiarski. The company continues to increase its Bitcoin holdings, recently acquiring an additional 15,350 BTC, bringing its total to 439,000 BTC valued at approximately $41 billion. Co-founder Michael Saylor emphasizes Bitcoin's potential as the "world’s reserve capital network."
MicroStrategy's Bitcoin purchases have exceeded 2021 bull market levels, acquiring 27,200 BTC on Nov. 10, 51,780 BTC on Nov. 17, and a record 55,500 BTC on Nov. 24, with prices reaching approximately $97,000 per coin. The company will join the Nasdaq 100 index on Dec. 23, 2024, enhancing stock investors' exposure to Bitcoin. Co-founder Michael Saylor has expressed intentions to continue purchasing Bitcoin at peak prices, potentially investing billions daily as the asset matures.
MicroStrategy has appointed former Binance.US CEO Brian Brooks, along with Jane Dietze and Gregg Winiarski, to its board of directors, expanding the board to nine members. This announcement follows MicroStrategy's inclusion in the Nasdaq-100 Index, effective December 23. Brooks, who previously served as acting Comptroller of the Currency, is noted for his significant connections in the banking and crypto sectors.
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