Viewpoint: MicroStrategy Pauses BTC Purchases Possibly Due to Restrictions Stemming from Its Inclusion in the Nasdaq 100 Index Lock-Up Period Policy

BlockBeats News, February 5th, according to Bitcoinist, since being recently included in the Nasdaq 100 Index, MicroStrategy has been subject to various rules and regulations, such as lock-up periods, to prevent potential insider trading, which may be a reason why its continued Bitcoin purchases have been constrained.

Furthermore, some speculate that the decision to pause Bitcoin purchases is because MicroStrategy is adjusting its strategy based on market conditions, as the company may face a significant tax bill on unrealized Bitcoin gains, amounting to over $19 billion, requiring financial planning to address tax obligations.

However, analysts believe that there is hardly any sign at present that MicroStrategy is abandoning its Bitcoin-centric strategy.