business
Strategy CEO Sells $11M in MSTR Shares the Same Week Bitcoin Tested $60,000
Key takeaways
- Strategy CEO Sells $11M in MSTR Shares the Same Week Bitcoin Tested $60,000 Dr.
- Strategy CEO Phong Le sold 93,738 MSTR shares for $11.1 million on June 5 under a Rule 10b5-1 plan set in May 2024, to cover taxes on vested performance stock units rather than for a discretionary exit.
- Le retains 119,925 shares after the transaction, but with MSTR down 24% on the week and Bitcoin briefly breaking below $60,000, even a routine filing cannot escape the weight of the current moment.
Strategy CEO Sells $11M in MSTR Shares the Same Week Bitcoin Tested $60,000 Dr. Guneet Kaur Mon, June 8, 2026 at 6:02 PM GMT+7 5 min read MSTR BTC-USD ^IXIC Key Takeaways
Strategy CEO Phong Le sold 93,738 MSTR shares for $11.1 million on June 5 under a Rule 10b5-1 plan set in May 2024, to cover taxes on vested performance stock units rather than for a discretionary exit.
The 190,740 PSUs that triggered the tax sale vested at 200% payout after Strategy’s three-year total return ranked in the top quartile of the Nasdaq Composite, rewarding years of outperformance at the worst possible moment.
Article preview — originally published by Yahoo Finance. Full story at the source.
Read full story on Yahoo Finance →
More top stories
Also covered by
Aggregated and edited by the Scoop newsroom. We surface news from Yahoo Finance alongside other reporting so you can compare coverage in one place.
Editorial policy · Corrections · About Scoop