Analysis: MicroStrategy may enter a shutdown period in January and stop issuing stocks and convertible bonds to buy more BTC
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Odaily reported that MicroStrategy disclosed on January 6 that it had increased its holdings by 1,070 Bitcoins. According to documents filed with the U.S. Securities and Exchange Commission (SEC), these Bitcoins were purchased with approximately $101 million in cash between December 30 and 31, 2024, at an average price of $94,004 per Bitcoin. In the 8-K form filed, MicroStrategy revealed that it has not made any additional Bitcoin purchases since December 31, 2024, and there are reports that MicroStrategy may enter a moratorium period in January 2025, suspending the issuance of stocks and convertible bonds to purchase more Bitcoins. (Cointelegraph)
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