Billionaire Boys Club Member Forum (BBCMF)

[mick]

Zoom Video Communications (NASDAQ:ZM) – Zoom decided to reduce stock compensation for its employees. CEO Eric Yuan stated that stock dilution has become unsustainable and that the company will adjust its compensation policy, offering more cash bonuses and reducing stock grants. Shares rose 0.5% in pre-market trading, after closing 0.9% higher on Friday.

MicroStrategy (NASDAQ:MSTR) – MicroStrategy raised $1.01 billion by selling convertible senior notes to acquire more Bitcoin and redeem higher-yielding bonds. The company used $458 million to purchase Bitcoin, increasing its total holdings to about 252,220 units, solidifying its position as the largest corporate holder of the cryptocurrency. Shares rose 2.3% in pre-market trading, after closing 0.1% higher on Friday.