Microstrategy stops the purchase of Bitcoin, the encryption community interacts

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Microstrategy stops the purchase of Bitcoin, the encryption community interacts

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MicrostrategyThe largest company holder in Bitcoin (BTC), amazed the cryptocurrency community. It is worth noting, for the first time in a long time, Microstrategy bought or trading Bitcoin last week. This development has left a lot of shock due to the pattern applied to the business intelligence company.

Is microstrategy in strategic transformation or caution?

in to update by Michael Sailor Upon development, he stated that Microstrategy decided not to sell any shares of normal A.D.. This indicates the Microstrategy stock program, which allows him to sell MSTR shares.

Fracture: Microstrategy announces the purchase of $ 1.1 billion

Microstrategy has sold MSTR at the market price for capital since Q1, 2024. According to Silor, unlike previous weeks, Business Intelligence also retained the purchase of any additional bitcoin for its holdings.

The company has been on Bitcoin accumulation since its decision to adopt digital assets in August 2020. Therefore, the development to refrain from buying more bitcoin, especially with the low price, is important for investors.

Last week, Microstrategy did not sell any shared -shared shares of category as part of the market display program, and did not buy any Bitcoin. As of 2/2/2025, we HODL 471,107 $ BTC It was obtained for $ 30.4 billion in ~ 64,511 dollars per bitcoin. $ Mstr https://t.co/qtbwl8klnv

Michael Saylor (Saylor) February 3, 2025

Currently, Bitco’s Bitcoin’s Bitcoin stands at 471,107 BTC impressive. The cumulative cost of this acquisition is about $ 30.4 billion at an average price of $ 64,511 per BTC.

This still leaves Microstrategy, with unrealized profits of about $ 30,700 per BTC.

Mixed reactions from the encryption community

The update of Silor received mixed reactions from the broader encryption community. Many consider praise because it shows transparency and openness about Bitco’s Microstrategy Transactions. Specifically, one X -Jordonriver47 user believes that this is a strategic step for Microstrategy.

Through the profit report, he believes that MSTR shares exceed. Next, the company can sell more shares and buy more BTC.

The next profits will show a huge profit for bitcoin, and the arrow (such as TSLA) will be profitable and they are able to sell their shares at a much higher price and buy more bitcoin

Gordon (@jordonrive47) February 3, 2025

However, some argue that the business intelligence company may have a sense of vitality about Bitcoin taking into account the fluctuation of the last prices. They consider it strange that with a decline in bitcoin, the highest accumulation of digital assets.

Bitcoin continued to fluctuate, as the price decreased to 91,242.89 dollars in the previous trading hours. However, the currency flourished shortly after a period and rose to 99,397.65 dollars. Many market participants expect that BTC will again come out again the level of $ 100,000.

To this writing, the price of T3 BTC was Change Hands are at $ 94,611.40, which represents a decrease of 4.19 % in the past 24 hours.

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2025-02-03 18:50:00