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Michael Saylor to step down as MicroStrategy CEO, shift to executive chairman role

Michael Saylor to step down as MicroStrategy CEO, shift to executive chairman role

Michael Saylor is set to step down as CEO of MicroStrategy and assume a new role as executive chairman, the company’s earnings report revealed Tuesday. The firm, which holds more than 129,699 BTC, said that revenues came in at $122.1 million for Q2, compared with $125.4 million in the second quarter of 2021. Michael Saylor’s firm recently purchased an additional 480 bitcoin worth around $10 million at an average price of $20,817.

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