Are MicroStrategy’s Bitcoin Purchases On Hold In January?
MicroStrategy (NASDAQ:MSTR), known for its aggressive Bitcoin (CRYPTO: BTC) acquisition strategy, may temporarily pause its purchases in January due to an alleged blackout period.
What Happened: Speculation about the potential halt stems from claims that the company could suspend issuing convertible debt or conducting “at-the-market” (ATM) share sales to fund Bitcoin buys, Protos reported.
These reports have prompted widespread discussion among investors.
Benzinga has reached out to MicroStrategy for a comment.
The claim originated from a venture capitalist who suggested that MicroStrategy is entering a blackout period prohibiting the issuance of new convertible debt in January.
This assertion has not been confirmed by MicroStrategy or its executives, but it has raised questions about …
About The Author
