Former Binance Chief Joins MicroStrategy

Brian Brooks, the former CEO of Binance US, and two other executives have joined MicroStrategy’s board.  Gregg Winiarski, chief legal officer at Fanatics Holdings, Jane Dietze, who is also on the board of Galaxy Digital, and Brian Brooks have joined the board of directors of MicroStrategy.

MicroStrategy is betting big on Bitcoin

New members were added to the board of directors after the company filed with the SEC.  The new members have interestingly worked for digital asset companies, which supports Microstrategy’s plan to increase its market share.

Their inclusion raises the number of MicroStrategy board members to nine after 20 filings with the US Securities and Exchange Commission (SEC). Brooks left his position at Binance U.S. in August 2021  citing “differences over strategic direction” less than four months later.

The crypto industry recently took notice of Brooks after he was rumored to be one of Donald Trump’s possible candidates to succeed Gary Gensler as SEC Chair.  Trump nominated pro-crypto Paul Atkins on December 4 to succeed Gensler as the new head of the SEC.

Microstrategy became one of the most lucrative stocks of 2024 after amassing billions of dollars in Bitcoin reserves. Nasdaq declared that MicroStrategy (MSTR) would be included in the Nasdaq-100 Index, which will begin trading in December. 21.  MicroStrategy is one of three companies that have been added to the index in addition to Palantir Technologies according to Nasdaq.

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ABOUT THE AUTHOR See More
Olumide Adesina
Olumide Adesina
Financial Market Writer
Olumide Adesina is a French-born Nigerian financial writer. He tracks, analyzes, and reports changes in financial markets with over 15 years of working experience in investment trading.
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