Michael Saylor, the CEO of MicroStrategy corporation and one of the biggest Bitcoin advocates, has handed over his CEO role to his deputy personnel.
Phong Le, the new CEO, has been serving as the company's president. The new changes were announced during the company’s earnings conference call on August 2.
Saylor will now serve as executive chairman, with plans to put his focus exclusively on hoarding cryptocurrencies.
In a statement on Tuesday, Saylor said: “I believe that splitting the roles of Chairman and CEO will enable us to pursue better our two corporate strategies of acquiring and holding bitcoin and growing our enterprise analytics software business. As Executive Chairman, I will be able to focus more on our bitcoin acquisition strategy and related bitcoin advocacy initiatives, while Phong will be empowered as CEO to manage overall corporate operations."
During the earnings conference call, Le said he doesn't expect any potential strategy changes for the firm. He mentioned...
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