Will Michael Saylor get fired as CEO of MicroStrategy?
Michael Saylor infamously transformed his sleepy software company from a business informatics developer to a gamble on the future price of Bitcoin. His initial massive purchase of 21,454 BTC in August 2020 was at about $11.6K/BTC -- but he kept buying more and more, investing ongoing profits and issuing bonds and taking out loans, eventually driving his cost average to over $30K per unit of BTC. For almost two years, Saylor was lauded as a visionary and derided as a madman. In the last month, MicroStrategy has suddenly found itself facing a nearly $1.3 billion dollar loss on his Bitcoin addiction.
Will Saylor resign? Will the shareholders or directors or maybe even the SEC throw Michael Saylor out?
NO wins if Michael Saylor is still CEO of MicroStrategy as of 00:00:01 Eastern Time on July 1, 2023.
YES wins if Michael Saylor is no longer CEO of MicroStrategy as of 00:00:01 Eastern Time on July 1, 2023.
This bet may resolve early if Michael Saylor resigns, is fired, gets imprisoned, or is otherwise ousted in any way as CEO of MicroStrategy before the deadline.
Anti-leech provision: bets made within 15 days of outcome shall be refunded. This applies to both yes and no bets.
Note: I have no idea whether it's daylight savings time or not. It's whatever time the U.S. is traditionally reporting in Boston on July 1 2023. Just start school later and get rid of that confusing nonsense.
6:11AM, Jul 1, 2022 UTC
4:00AM, Aug 4, 2022 UTC
4:56PM, Aug 11, 2022 UTC
RESOLVED AT 11:42PM, Aug 11, 2022 UTC
Total Volume: 0.0006
This bet has been resolved!
The outcome was "Yes"
0.0006 was split between 1 bettors.
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