Opinion: MicroStrategy's suspension of BTC holdings may be due to its inclusion in the Nasdaq 100 Index and the restrictions of the lock-up period an
since being included in the Nasdaq 100 index recently, MicroStrategy has been subject to various rules and regulations, such as lock-up periods, to prevent potential insider trading, which may be one reason why its continuous purchase of Bitcoin has been suppressed. In addition, some speculate that the decision to pause the purchase of Bitcoin is because MicroStrategy is changing its strategy based on market conditions, and the company may face a huge tax bill for unrealized Bitcoin gains, amounting to over $19 billion, so it must engage in financial planning to meet its tax obligations. However, analysis suggests that there is currently little evidence to suggest that MicroStrategy is abandoning its Bitcoin-centric strategy.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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