According to Foresight News, Protos reported that market rumors said that MicroStrategy (MSTR) may enter a lock-up period in January 2025, during which it will suspend the issuance of stocks and convertible bonds through "on-site trading" (ATM) to raise funds to purchase Bitcoin. The news came from a venture capitalist who broke the news that Executive Chairman Michael Saylor "was in a lock-up period throughout January and could not issue new convertible bonds to purchase Bitcoin."
Although the SEC does not explicitly prohibit insider trading between the end of the quarter and the release of earnings reports, many companies will voluntarily implement a lock-up period of 2 weeks to 1 month to avoid 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 many opinions on the specific time of the lock-up period in the market: some believe that it is a full month of lock-up, and some predict that it will be 30 days starting on January 14. At present, MicroStrategy officials have not yet responded to this rumor.
