Michael Saylor Faces Backlash Over Private Jet Purchase Amid MicroStrategy Slide

Michael Saylor is once again at the center of Crypto Twitter’s scrutiny after new regulatory filings revealed that Strategy (formerly MicroStrategy) recently spent $27 million on a deposit for a corporate aircraft. The disclosure has fueled a wave of criticism from users who argue that the purchase reflects misplaced priorities during a period of sharp volatility for both Bitcoin and Strategy’s stock. Shareholders Question Strategy’s Spending Priorities According to MicroStrategy’s Form 10Q filed on November 3, the company’s net cash used in investing activities rose sharply year-over-year.   The filing revealed that for the nine months ending on September 30, Strategy made a $27 million deposit on a new corporate aircraft source: https://beincrypto.com/microstrategy-saylor-private-jet-purchase-criticism/