Michael Saylor’s MicroStrategy has expanded its board of directors to include three new members, including Brian Brooks, the former CEO of Binance.US. Brooks was recently speculated to be a candidate for the SEC Chair position.
Michael Saylor’s MicroStrategy, a cryptocurrency optimist, has appointed Brian Brooks, the former CEO of Binance.US, and two other executives to its board. The appointments followed Nasdaq’s recent announcement of MicroStrategy’s inclusion in the Nasdaq 100.
MicroStrategy has expanded its board of directors to include Brian Brooks, Jane Dietze, and Gregg Winiarski, the chief legal officer of Fanatics Holdings. Dietze is also a member of Galaxy Digital’s board. According to a filing with the United States Securities and Exchange Commission (SEC) on December 20, the total number of MicroStrategy board members has increased to nine.
The statement specifies that Brooks, Dietze, and Winarski will be “eligible for equity awards.”
Swan Bitcoin stated that Brooks was profoundly connected and supervised the entire US banking system in his capacity as Comptroller. Brooks submitted his resignation as CEO of Binance.US in August 2021.
MacroScope, a crypto commentator, informed their 77,200 X followers that “all three are excellent, notably Brooks.”
Brooks, who was the interim Comptroller of the Currency for nine months in 2021, has recently garnered attention in the crypto industry as a potential candidate to succeed Gary Gensler as SEC Chair as part of Donald Trump’s nominations.
On December 4, Trump nominates Paul Atkins, a pro-crypto individual, to succeed Gensler as the new chief of the SEC.
Nasdaq’s announcement of the inclusion of MicroStrategy (MSTR) in the Nasdaq-100 Index on December 23, only one week ago.
MicroStrategy, Palantir Technologies Inc. (PLTR), and Axon Enterprise, Inc. (AXON) were among the three companies that Nasdaq certified for inclusion in the index on December 13.
In the event that Bitcoin surges to $138K, MicroStrategy’s market capitalization will surpass that of Nike and Starbucks.
In the interim, the index will exclude Moderna, Inc. (MRNA), Super Micro Computer, Inc. (SMCI), and Illumina, Inc. (ILMN).
The listing indicates that MicroStrategy, a software company that transitioned into a de facto Bitcoin hedge fund in 2020, is one of the 100 largest securities by market capitalization on the Nasdaq.
Also Read: Sandeep Nailwal has verified the mainnet date of Polygon’s Agglayer
Wallets