Market News: MicroStrategy may enter a lock-up period in January next year, during which it will suspend issuing new convertible bonds to purchase Bitcoin.

According to Deep Tide TechFlow news and reports from Protos, market rumors suggest that MicroStrategy (MSTR) may enter a lock-up period in January 2025, during which it will suspend raising funds to purchase Bitcoin through 'at-the-market' (ATM) stock and convertible bond offerings. This information comes from a leak by a venture capitalist, stating that Executive Chairman Michael Saylor 'will be in a lock-up period for the entire month of January and will not be able to issue new convertible bonds to purchase Bitcoin.'

Although the SEC has not explicitly prohibited insider trading during quarterly endings and financial report releases, many companies voluntarily implement lock-up periods ranging from 2 weeks to 1 month to avoid suspicions of insider trading. MicroStrategy plans to release its financial 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 lock-up period: some believe it will be a full month, while others predict it will start from January 14 for 30 days. Currently, MicroStrategy has not officially responded to this rumor.