Opinion: MicroStrategy suspends its increase in BTC or is subject to rules such as lock-up periods due to its inclusion in the Nasdaq 100 Index."
Internet reports that since its recent inclusion in the Nasdaq 100 Index, MicroStrategy has been subject to various rules and regulations, such as lock-up periods, to prevent potential insider trading, which may be one reason why its continuous increase in Bitcoin holdings has been suppressed. In addition, there is also speculation that the reason why MicroStrategy chose to suspend its holdings in Bitcoin was because MicroStrategy is changing its strategy based on market conditions. The company may face a huge tax bill on unrealized Bitcoin gains, the amount may exceed US$19 billion, so it must carry out financial planning to respond to tax obligations. However, analysts believe that there is currently little sign that MicroStrategy is abandoning its bitcoin-centric strategy.
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