MicroStrategy, the business intelligence company known for its substantial Bitcoin holdings, has appointed three new members to its board of directors, including former Binance.US CEO Brian Brooks, ahead of the company's inclusion in the Nasdaq 100 index.
The company announced the appointments through an SEC filing, expanding its board to nine members. Joining Brooks are Jane Dietze, who also serves on Galaxy Digital's board, and Gregg Winiarski, the chief legal officer at Fanatics Holdings.
Brooks brings extensive cryptocurrency industry experience to MicroStrategy's board. He previously served as Binance.US CEO in 2021, departing after a brief tenure due to strategic differences. Before that, he held the position of chief legal officer at Coinbase from 2018 to 2020. Recently, Brooks made headlines as a potential candidate for SEC Chair under Donald Trump's consideration.
Jane Dietze joins the board with notable institutional investment experience, having managed Brown University's $7.2 billion endowment as Chief Investment Officer. Gregg Winiarski contributes legal expertise from his role at sports apparel company Fanatics, where he previously served as senior finance advisor.
The timing of these appointments aligns with MicroStrategy's upcoming inclusion in the Nasdaq 100 index on December 23. The company has emerged as one of 2024's top-performing stocks, largely due to its strategy of accumulating billions in Bitcoin reserves.
These strategic appointments, particularly of individuals with strong digital asset backgrounds, reflect MicroStrategy's continued commitment to its Bitcoin-focused market approach as it prepares to join the prestigious Nasdaq 100 index.