Microstrategy has decided not to buy a new BTC by ending the regular purchase process that has been ongoing for 12 weeks. Michael Saylor, Chairman of the Company, announced this decision in the social media platform X. Does this show show that the company adopts a different approach in the crypto existence strategy?
BTC purchase break
Microstrategy, which operates in the Tysons Corner region of Virginia, has been about 218,887 Bitcoin since November 11 $95,293.4 bought it. The company’s total Bitcoin reserve is currently at 471.107. According to the information given in the announcement of Michael Saylor, a pause took place.
Michael Saylor: “Last week, our new BTC purchase did not happen.”
The situation before the financial explanation
According to market analysts, the company may arise from the uncertainty before the approaching financial result statement. Publicly -open companies may choose not to do a certain period of time in order to prevent information leakage before income explanations. Bitcoin, which has an important place in the balance sheet structure of the company, may have required carefully management of this process. Microstrategy will announce the earnings report on Wednesday.
James Van Straten: “The upcoming earnings Rapıru explanation process may affect the purchase activities.”
Last week, the company announced to create a source of approximately $ 250 million with its preferential stock exports. A few days later, the financing, which was provided through the sale of stocks, doubled the specified figure. This move was interpreted as making preparations for the purchases of crypto assets by providing additional financing.
It is known that the company will continue to buy purchases for 3 more years with the target of 1 million BTC. Although Saylor argued that BTC was something that should never be sold, he used the statement continued for 3 years in public comments last year. This means that the supply in the stock exchanges will shrink in time when combined with the demand in ETF and other channels.
Microstrategy’s upcoming financial explanation is an important observation area in terms of market dynamics. Investors and market followers are trying to evaluate the future steps by examining the company’s strategic decisions and risk management. This may provide additional information about the company’s financial policies and digital asset management strategies.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
