Brian Brooks, the former CEO of Binance.US, has joined MicroStrategy’s board of directors. MicroStrategy, led by Bitcoin advocate Michael Saylor, recently added three new members to its board, including Brian Brooks, Jane Dietze, and Gregg Winiarski. This brings the total number of board members to nine. Brian Brooks, well-known in the crypto world, has previously served as the acting Comptroller of the Currency and CEO of Binance.US, and has held leadership positions at Coinbase and Bitfury. His extensive regulatory and industry experience makes him well-suited to help guide MicroStrategy’s crypto-focused strategy.
Jane Dietze, the chief investment officer at Brown University, manages a $7.2 billion endowment and also sits on Galaxy Digital’s board. Gregg Winiarski, the chief legal officer at Fanatics Holdings, brings expertise in corporate governance and legal affairs.
As part of their appointment, the new board members will receive $2 million in equity awards, with the awards being split equally between stock options and restricted stock units. These awards will vest over a four-year period, demonstrating MicroStrategy’s commitment to attracting experienced professionals. The crypto community has responded positively to these appointments, with Bitcoin platform Swan Bitcoin calling Brooks’ addition a significant development and analysts recognizing the trio as valuable assets for the company’s growth.
This announcement coincides with MicroStrategy’s upcoming inclusion in the Nasdaq-100 Index, starting from December 23. Nasdaq recently confirmed that MicroStrategy would join the index alongside Palantir Technologies and Axon Enterprise, replacing companies like Illumina and Moderna. This milestone positions MicroStrategy among the top 100 companies on the Nasdaq based on market capitalization.
MicroStrategy has been at the forefront of Bitcoin adoption and currently holds over 439,000 BTC as part of its long-term strategy. Michael Saylor, the company’s co-founder, continues to advocate for Bitcoin’s role in shaping the global financial system. He has expressed support for President-elect Donald Trump’s plan to establish a strategic Bitcoin reserve, which aims to strengthen the US’s position in the digital asset space.
