Microstrategy, the fourth owner of Bitcoin (BTC), did not buy new tokens last week, announced Executive President Michael Saylor on X, ending a 12 -week purchase series.
Since November 11, Tysons Corner in Virginia has bought 218,887 Bitcoin, according to Saylor. It currently contains 471,107 Bitcoin.
While Saylor did not say why the company has retained itself, a probable reason could be its imminent exit from the profits after the closing of the market on February 5, said James Van Stratot, main analyst at Coindesk.
Public companies enter a second -time period for a certain time before the versions of profits to prevent the offense of initiate. During this period, which can last days, weeks or even months, people with financial information on the company are linked to the purchase or sale of the company’s securities.
In the case of microstrategy, since the majority of its assessment is bitcoin, this could include the negotiation of the cryptocurrency.
Last week, the company announced a favorite actions offer of around $ 250 million to buy even more BTC. A few days later, this more than doubled this amount because it sold around 7.3 million shares in the series.
