Michael Saylor has had quite the year. MicroStrategy (NASDAQ: MSTR), the company he co-founded roughly 35 years ago, is up more than 500% in 2024. The billionaire has also seen his net worth climb by about $1 billion,

Well, this is a Bitcoin surprise. Michael Saylor, the Executive Chairman of MicroStrategy, has lost his voting control over the company, which means it has lost its status as a “controlled company” on Nasdaq.

"Nearly four years ago, Citron was the first to tell readers that MicroStrategy was the ultimate way to invest in Bitcoin, setting a $700 target," the short seller said in a post on X. "Fast forward to today: MSTR has skyrocketed to over $5,