According to SEC filings, on June 5, Le Phong, CEO of MicroStrategy (MSTR), sold 93,738 shares of company stock at an average price of $118.73 per share, totaling approximately $11.1292 million. After the transaction, his direct holdings decreased to 138,620 shares. On the same day, CFO Andrew Kang sold 33,062 shares at the same price, totaling approximately $3.9254 million. After the transaction, his direct holdings decreased to 75,283 shares. (Source: ChainCatcher)
MicroStrategy executives sell over $15 million in shares within a day
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Summary
On June 5, 2026, MicroStrategy executives sold over $15 million in shares, as value investing in crypto remains a key focus for institutional investors. CEO Le Phong sold 93,738 shares at $118.73, leaving him with 138,620 shares. CFO Andrew Kang sold 33,062 shares at the same price, reducing his holdings to 75,283. The sale occurs amid active day trading strategies in crypto and heightened market volatility.
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