News Scrap

Michael Saylor’s company is now hiring a Bitcoin leader for the company’s further plans over Bitcoin adoption & increasing Bitcoin education in the world.

MicroStrategy is a software firm that trades on the Nasdaq exchange under the $MSTR index. This Nasdaq-listed firm is popular in the crypto sector because of its Bitcoin balance. Under the leadership of MicroStrategy’s former CEO Michael Saylor, the company has been buying Bitcoin to hold BTC balance in the company’s reserve fund indefinitely. To date, this company holds 252,220 bitcoins on the balance sheet.

As per the latest job post on LinkedIn, a job vacancy sharing social platform, MicroStrategy is hiring a “Bitcoin Advocacy Manager” in the U.S. The role involves organizing the annual “Bitcoin for Corporations” conference, promoting Bitcoin education for businesses, and setting up a Bitcoin community center in Washington, DC.

We can clearly see that they are looking for a highly experienced person in the Bitcoin market, who can push Bitcoin adoption & use to the next level for MicroStrategy.

It is worth noting that the company mainly mentioned the Bitcoin-related advocacy role in the job post description, which means MicroStrategy wants to back a Bitcoin leader to increase Bitcoin-related awareness across the world, alongside the company’s Bitcoin initiative.

Michael Saylor & CEO role

The whole Bitcoin community knows very well about Michael Saylor. In Aug 2022, Saylor stepped down from the company’s CEO role, in order to give his full time to only the company’s Bitcoin-related work.

At the time of his departure from the CEO role, MicroStrategy was in a huge unrealized loss with its Bitcoin holding, as the trade price of Bitcoin was significantly down.

The current valuation of MicroStrategy’s Bitcoin balance is $15 billion US dollars. This company purchased 252,220 BTC at an average purchase price of $39,292.18 USD per bitcoin, so at the current trade price of Bitcoin, this Bitcoin bull firm is in profit by 69%.