General Counsel W. Ming Shao Reports a $1.2 Million $MSTR Buy

Every day, we sift through the filings to spot where the real conviction lies – cutting through the noise to highlight the most meaningful insider moves.

Here's what stood out today:

📌 MicroStrategy $MSTR – General Counsel W. Ming Shao filed a Form 4 for $1,211,450.
 
An insider buy in the market’s de facto Bitcoin proxy is always hard to ignore, especially as the relative weakness vs Bitcoin continues. 

📌 NGL Energy Partners $NGL – Director Jim Collingsworth filed a Form 4 for $580,160.

That’s an open-market add in one of the best-looking bases in small-cap energy.

Here’s The Hot Corner, with data from September 16, 2025:

Click the table to enlarge it.

📌 Eightco Holdings $ORBS – Discovery Capital Management filed an initial 13G at 7.90%.
 
Discovery Capital (run by Rob Citrone, a well-known Tiger Cub) tends to take concentrated, research-driven positions; crossing 5% plants a real flag – even if it’s “passive” for now. 

This comes on the heels of the $700,000 cluster buy by multiple directors last week.