ChainCatcher message, market rumors suggest that MicroStrategy (MSTR) may enter a lock-up period in January 2025, suspending the issuance of stocks and convertible bonds for purchasing Bitcoin through 'at-the-market' (ATM) transactions. This news comes from a leak by a venture capitalist, who stated that Executive Chairman Michael Saylor would be unable to issue new debt throughout January.
Although the SEC has not explicitly prohibited insider trading during the end of the quarter and financial report release periods, many companies voluntarily implement lock-up periods to avoid suspicion. MicroStrategy plans to release its financial report on February 5, 2025, and will join the Nasdaq 100 index on December 23. There are varying opinions in the market regarding the duration of the lock-up period, and the official response is still pending. 📈🤔