MicroStrategy Pauses Bitcoin Purchases Ahead of Earnings Release
MicroStrategy is the fourth largest holder of Bitcoin. He suspended his purchase record last week. Michael Saylor revealed on X that there was no new tokens and destroyed Bitcoin purchases 12 weeks last week. It is worth noting that the company has purchased Bitcoin every week since November 11, with a total shareholding of 471,107 Bitcoin. Although Saylor did not explain why the company suspended the purchase, analysts believe that this may be due to the income release that is about to be released on February 5. Listed companies enter the power outage period before the income report to avoid internal transactions and restrict the company’s purchase or sales securities.
