MicroStrategy director Jarrod Patten sells 1,500 MSTR shares, taking profit to nearly $9 million

MicroStrategy director Jarrod Patten has sold a total of 55,750 MSTR shares over the past three months, booking nearly $9 million in profit. His latest sale involved 1,500 shares earlier this week, after exercising options at $18.24 and selling at $134. MSTR shares fell more than 5% in a single session and are down 30% over the past month. The article refers to “Strategy” as MicroStrategy (NASDAQ: MSTR), whose stock swings are closely tied to its operating and governance risks.