BlockBeats reports that on December 18, according to Protos, market rumors suggest that MicroStrategy (MSTR) may enter a blackout period in January 2025, during which it will suspend fundraising for the purchase of Bitcoin through 'at-the-market' (ATM) stock and convertible bond issuances. This information comes from a venture capitalist who revealed that Executive Chairman Michael Saylor 'will be in a blackout period throughout January and will not be able to issue new convertible bonds to purchase Bitcoin.'
Although the SEC has not explicitly prohibited insider trading during the quarter-end and earnings release periods, many companies voluntarily implement a blackout period of 2 weeks to 1 month to avoid the suspicion of insider trading. MicroStrategy plans to release its earnings report on February 5, 2025, and will join the Nasdaq 100 Index on December 23. There are various opinions in the market regarding the specific timing of the blackout period: some believe it to be a full month, while others predict it will start on January 14 for a duration of 30 days. Currently, MicroStrategy has not officially responded to these rumors.
