30s Summary

MicroStrategy, the Bitcoin-friendly company, is welcoming Brian Brooks, former head of Binance.US, along with Jane Dietze of Galaxy Digital’s board and Gregg Winiarski from Fanatics Holdings. The trio expands the board of directors to nine. This comes after MicroStrategy’s recent inclusion in the Nasdaq 100. Brooks was previously mooted as a potential SEC Chair appointment by Donald Trump. Crypto platform Swan Bitcoin has hailed the new appointments as a “big deal”. MicroStrategy transformed into a Bitcoin hedge fund in 2020.

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MicroStrategy, a bitcoin-friendly company spearheaded by Michael Saylor, is bringing on board Brian Brooks, the former head honcho of Binance.US, along with two other big names. This comes right after they announced they’ve earned a spot on the Nasdaq 100.

Jane Dietze, who’s got a seat on Galaxy Digital’s board, and Gregg Winiarski, the legal brain at Fanatics Holdings, are the other two stepping into new roles at MicroStrategy. Now, the company’s board of directors count adds up to nine as per their filing with the U.S. Securities and Exchange Commission on Dec 20.

Bitcoin platform Swan Bitcoin has termed this development a “BIG deal”, especially pointing out Brook’s extensive and influential experience overseeing the U.S. banking system.

Brian Brooks, aside from a fruitful stint at Binance.US, has been in the news in the crypto world, thanks to rumors that he was one of Donald Trump’s possible choices for SEC Chair, though Trump nominated crypto advocate Paul Atkins for the SEC top spot earlier this month.

In other news, a week ago, Nasdaq announced that MicroStrategy is one of three companies, together with Palantir Technologies and Axon Enterprise, to be added to the Nasdaq-100 Index from Dec 23. This is a significant win for MicroStrategy, which transformed into a Bitcoin hedge fund in 2020, and now joins the ranks of Nasdaq’s 100 biggest stocks by market capitalization.