$BTC MicroStrategy, led by Michael Saylor, recently acquired 5,262 BTC for $561 million, continuing its Bitcoin accumulation strategy. This month, the company has already made three significant purchases, including one for $1.5 billion. It is currently one of the largest Bitcoin holders in the world.
However, rumors suggest that they might pause these purchases in January due to their inclusion in the NASDAQ-100 and the proximity of their quarterly earnings reports, which could imply a self-imposed blackout period. These actions have generated high returns, but also concerns about concentration in the Bitcoin market and the impact on its price volatility.
Despite a recent 12% drop in BTC and a 15% decline in MSTR stock, MicroStrategy’s buying pattern seems to be holding, with the possibility of more acquisitions before the end of the year.
