The post Strategy director Carl Rickertsen is buying MSTR after years of selling appeared on BitcoinEthereumNews.com. Yesterday, Strategy Director Carl RickertsenThe post Strategy director Carl Rickertsen is buying MSTR after years of selling appeared on BitcoinEthereumNews.com. Yesterday, Strategy Director Carl Rickertsen

Strategy director Carl Rickertsen is buying MSTR after years of selling

Yesterday, Strategy Director Carl Rickertsen filed his purchase of 5,000 shares of the company’s common stock, MSTR, with the SEC. His form is coded P for an actual purchase on an open or private market, in contrast to a non-purchasing acquisition like an award or derivative exercise.

His $779,395 purchase was a rare event, interrupting years of insider selling. Interestingly, his impressive average price of $155.88 across multiple transactions nearly bottom-ticked the day’s $154.69 to $163.82 trading range.

Prior to yesterday, Rickertsen had filed 19 SEC forms to disclose exclusively sales of Strategy’s common stock on five trading days since July 2022.

With no other purchases since July 2022, Rickertsen has been a seller throughout the last three and a half years.

Carl Rickertsen discloses his January 12 purchase of MSTR. Source: SEC.gov

Indeed, Rickertsen has made a fortune selling MSTR over the years. He received most of his shares not from purchases but from equity compensation. 

To his credit, he purchased $608,000 worth of Strategy’s equity on June 13, 2022. That was, however, his latest purchase prior to yesterday’s acquisition.

Along the way, Rickertsen has sold tens of millions of dollars worth of MSTR over the past 3.5 years, dwarfing both purchases and thanks in most part to his compensation as a board member.

Rickertsen has served as a director at Strategy since 2002 when the company’s name was MicroStrategy. He often receives MSTR through grants of equity convertibles like stock options.

Unfortunately, he has a history of exercising those convertibles and then selling the resulting MSTR on the same day.

For many years, he reported $0 of MSTR beneficial ownership during the months between his equity grants.

A slight vote of confidence

Strategy has a $67 billion enterprise value, only slightly above the $64 billion value of its bitcoin (BTC) holdings.

Analysts at S&P rate its corporate creditworthiness at B- or “junk” status while analysts at Citigroup, Bernstein, HC Wainwright, Canaccord Genuity, and TD Cowen have a wide range of price targets for MSTR spanning $54 to $705.

Rickertsen has also filed insider transactions in companies besides Strategy. Over the years, for example, he disclosed transactions in numerous public companies.

He is, after all, a managing partner of two private equity investment firms, and a trustee of two management investment companies.

Rickertsen’s purchase of MSTR comes after a serious decline in the company’s multiple-to-Net Asset Value (mNAV), a valuation metric that measures how much premium investors pay for the company’s equity relative to its BTC holdings. 

Read more: Michael Saylor is running out of ways to boost Strategy’s BTC per share

In November 2024, MSTR traded up to a 3.4x mNAV or 240% higher than its BTC holdings. At the time, BTC was rallying amid Donald Trump’s promises to align White House policies with the Bitcoin community.

Ever since, Trump has mostly promoted crypto instead of BTC, and BTC has traded sideways. Over the same time period, MSTR has declined from $543 to today’s $169 per share.

In other words, Rickertsen has bought MSTR near a 14-month low and after a 68% drawdown from its peak. He’ll also, presumably, continue to receive periodic compensation for his board membership going forward to offset his cost basis even lower as time progresses.

Got a tip? Send us an email securely via Protos Leaks. For more informed news, follow us on X, Bluesky, and Google News, or subscribe to our YouTube channel.

Source: https://protos.com/strategy-director-carl-rickertsen-is-buying-mstr-after-years-of-selling/

Piyasa Fırsatı
Common Protocol Logosu
Common Protocol Fiyatı(COMMON)
$0.003174
$0.003174$0.003174
+4.40%
USD
Common Protocol (COMMON) Canlı Fiyat Grafiği
Sorumluluk Reddi: Bu sitede yeniden yayınlanan makaleler, halka açık platformlardan alınmıştır ve yalnızca bilgilendirme amaçlıdır. MEXC'nin görüşlerini yansıtmayabilir. Tüm hakları telif sahiplerine aittir. Herhangi bir içeriğin üçüncü taraf haklarını ihlal ettiğini düşünüyorsanız, kaldırılması için lütfen [email protected] ile iletişime geçin. MEXC, içeriğin doğruluğu, eksiksizliği veya güncelliği konusunda hiçbir garanti vermez ve sağlanan bilgilere dayalı olarak alınan herhangi bir eylemden sorumlu değildir. İçerik, finansal, yasal veya diğer profesyonel tavsiye niteliğinde değildir ve MEXC tarafından bir tavsiye veya onay olarak değerlendirilmemelidir.

Ayrıca Şunları da Beğenebilirsiniz

Is Doge Losing Steam As Traders Choose Pepeto For The Best Crypto Investment?

Is Doge Losing Steam As Traders Choose Pepeto For The Best Crypto Investment?

The post Is Doge Losing Steam As Traders Choose Pepeto For The Best Crypto Investment? appeared on BitcoinEthereumNews.com. Crypto News 17 September 2025 | 17:39 Is dogecoin really fading? As traders hunt the best crypto to buy now and weigh 2025 picks, Dogecoin (DOGE) still owns the meme coin spotlight, yet upside looks capped, today’s Dogecoin price prediction says as much. Attention is shifting to projects that blend culture with real on-chain tools. Buyers searching “best crypto to buy now” want shipped products, audits, and transparent tokenomics. That frames the true matchup: dogecoin vs. Pepeto. Enter Pepeto (PEPETO), an Ethereum-based memecoin with working rails: PepetoSwap, a zero-fee DEX, plus Pepeto Bridge for smooth cross-chain moves. By fusing story with tools people can use now, and speaking directly to crypto presale 2025 demand, Pepeto puts utility, clarity, and distribution in front. In a market where legacy meme coin leaders risk drifting on sentiment, Pepeto’s execution gives it a real seat in the “best crypto to buy now” debate. First, a quick look at why dogecoin may be losing altitude. Dogecoin Price Prediction: Is Doge Really Fading? Remember when dogecoin made crypto feel simple? In 2013, DOGE turned a meme into money and a loose forum into a movement. A decade on, the nonstop momentum has cooled; the backdrop is different, and the market is far more selective. With DOGE circling ~$0.268, the tape reads bearish-to-neutral for the next few weeks: hold the $0.26 shelf on daily closes and expect choppy range-trading toward $0.29–$0.30 where rallies keep stalling; lose $0.26 decisively and momentum often bleeds into $0.245 with risk of a deeper probe toward $0.22–$0.21; reclaim $0.30 on a clean daily close and the downside bias is likely neutralized, opening room for a squeeze into the low-$0.30s. Source: CoinMarketcap / TradingView Beyond the dogecoin price prediction, DOGE still centers on payments and lacks native smart contracts; ZK-proof verification is proposed,…
Paylaş
BitcoinEthereumNews2025/09/18 00:14
UAE and Nigeria sign Cepa to ease trade barriers

UAE and Nigeria sign Cepa to ease trade barriers

The UAE and Nigeria have signed a comprehensive economic partnership agreement (Cepa) to reduce tariffs and trade barriers, with the aim of boosting bilateral commerce
Paylaş
Agbi2026/01/14 14:44
Fed Decides On Interest Rates Today—Here’s What To Watch For

Fed Decides On Interest Rates Today—Here’s What To Watch For

The post Fed Decides On Interest Rates Today—Here’s What To Watch For appeared on BitcoinEthereumNews.com. Topline The Federal Reserve on Wednesday will conclude a two-day policymaking meeting and release a decision on whether to lower interest rates—following months of pressure and criticism from President Donald Trump—and potentially signal whether additional cuts are on the way. President Donald Trump has urged the central bank to “CUT INTEREST RATES, NOW, AND BIGGER” than they might plan to. Getty Images Key Facts The central bank is poised to cut interest rates by at least a quarter-point, down from the 4.25% to 4.5% range where they have been held since December to between 4% and 4.25%, as Wall Street has placed 100% odds of a rate cut, according to CME’s FedWatch, with higher odds (94%) on a quarter-point cut than a half-point (6%) reduction. Fed governors Christopher Waller and Michelle Bowman, both Trump appointees, voted in July for a quarter-point reduction to rates, and they may dissent again in favor of a large cut alongside Stephen Miran, Trump’s Council of Economic Advisers’ chair, who was sworn in at the meeting’s start on Tuesday. It’s unclear whether other policymakers, including Kansas City Fed President Jeffrey Schmid and St. Louis Fed President Alberto Musalem, will favor larger cuts or opt for no reduction. Fed Chair Jerome Powell said in his Jackson Hole, Wyoming, address last month the central bank would likely consider a looser monetary policy, noting the “shifting balance of risks” on the U.S. economy “may warrant adjusting our policy stance.” David Mericle, an economist for Goldman Sachs, wrote in a note the “key question” for the Fed’s meeting is whether policymakers signal “this is likely the first in a series of consecutive cuts” as the central bank is anticipated to “acknowledge the softening in the labor market,” though they may not “nod to an October cut.” Mericle said he…
Paylaş
BitcoinEthereumNews2025/09/18 00:23