Crypto Mission
@cryptomission
🚨 MICROSTRATEGY MAY HALT BITCOIN PURCHASES IN JANUARY 🔶 What just happened? ➡️ MicroStrategy joins the big league: • The company will enter the NASDAQ 100 on December 23 (equivalent to qualifying for the Champions League in football). • This is the most prestigious tech index in the world. • Only the top 100 companies are included. 🔶 What does this mean in practice? ➡️ New rules for MicroStrategy: • The company must follow stricter regulations. • A “blackout period” applies before financial reports, during which large financial moves are prohibited. ➡️ What is the “blackout period”? • The time before earnings reports (for MicroStrategy: February 3-5). • The company cannot issue new shares. • It also cannot release bonds (borrow money from investors). 🔶 How does this impact Bitcoin purchases? ➡️ MicroStrategy’s buying process: • First, they raise funds from investors. • Then, they use those funds to buy Bitcoin.
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