The post $MSTR Under Pressure as CFO Andrew Kang Sells $20 Million Worth of Shares appeared first on Coinpedia Fintech News
Strategy Vice President and CFO Andrew Kang has sold approximately a total of $20,000,000 worth of MicroStrategy ($MSTR) stock in August 2025. The sales included multiple large transactions. Could this negatively impact the company?
In total, his sales amounted to around $20 million this month. Other transactions made by Kang:
Company President and CEO Phong Le also sold 8,400 shares of Common A stock by June 18. Edward Farina, the head of XRP Healthcare, had raised a major red flag for this sale.
Along with him, company director Carl Rickertsen also dumped 26,390 shares, worth approximately $10 million shares this year. On June 2, Rickertsen acquired 26,390 shares and then sold the same day for $9,827,636. The next day, he sold 980 shares for $371,488.60 that he had acquired on May 13. Later in June 2025, he fully exited his holdings.
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Usually, when insiders sell large stock without corresponding insider purchase, it may signal to the investors that the company leadership has concerns about the firm’s future. After Kang’s trade on August 7, his holdings dropped by about 43.39%.
Since Kang has not made any official statement about his transactions yet, critics claim that the insider sale may reflect worries about the sustainability of this approach. Over the past month, $MSTR has seen a significant decline of approximately 19.93%.
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