Group One acquires 13.5 % option position in Microstrategy

Group One acquires 13.5 % option position in Microstrategy

Group One-an in-house company-has acquired options for the purchase of 1.3 million shares of Microstrategy (MSTR) worth $ 240 million, as can be seen from a recently submitted message from the Securities and Exchange Commission (SEC).

• as reported on Tuesday, the purchase would make a share of 13.5 % to MicroStrategy. Bitcoin booster is Michael Saylor.
• Group One is a market maker and liquidity provider for US shares and other securities.
• Microstrategy is a company for corporate software that is known for being one of the world's largest single owners from BTC. The company has over 131,000 coins, while Saylor personally has another 17,000.
• In view of his massive commitment in the asset, MSTR has become a deputy for US investors who are looking for an Engagement in Bitcoin. In the United States, a Bitcoin Spot ETF is currently missing, which means that the formal possibilities for direct engagement for US investors are limited.
• Therefore MSTR was also a victim of Bitcoins turbulent year 2022 and declined by 74 % in the course of the year.
• Microstrategy suffered a loss of $ 1 billion on his Bitcoin in the second quarter of 2022. At that time, Michael Saylor gave up his position as CEO, but the company remained committed to his Bitcoin strategy.
• The company led its very first Bitcoin through sales at the end of last year to generate only a tax advantage, by Buy these coins back only days later. Nevertheless, this is technically a broken promise from Michael Saylor that Microstrategy would never sell his coins.

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