Share this article
MicroStrategy Pauses Weekly Bitcoin Purchases Ahead of Earnings
The company reports fourth-quarter earnings on Wednesday.
Feb 3, 2025, 4:30 p.m.
What to know:
- MicroStrategy ended its 12-week streak of bitcoin purchases last week.
- The company had been buying bitcoin on a weekly basis since Nov. 11, bringing its total holdings to 471,107 bitcoin.
- The reason for the break could be Wednesday's earnings report, for which it might have a blackout period, a CoinDesk analyst said.
MicroStrategy, the fourth-largest owner of bitcoin , did not buy any new tokens last week, Executive Chairman Michael Saylor announced on X, ending a 12-week string of purchases.
Since Nov. 11, the Tysons Corner, Virginia-based company has bought 218,887 bitcoin, according to Saylor. It currently holds 471,107 bitcoin.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
While Saylor didn't say why the company held back, a likely reason could be its impending earnings release after the market close on Feb. 5, said James Van Straten, a senior analyst at CoinDesk.
Public companies go into a so-called blackout period for some time before earnings releases to prevent insider trading. During that period, which can last days, weeks or even months, people with financial information about the company are restricted from buying or selling the company's securities.
In MicroStrategy’s case, given that the majority of its balance sheet is bitcoin, this could include trading the cryptocurrency.
Last week, the company announced a preferred share offering of roughly $250 million to purchase even more BTC. Just a few days later, it more than doubled that amount as it sold roughly 7.3 million shares of the series.
More For You
What to know:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
More For You
Anthony Pompliano's Bitcoin Treasury Firm ProCap BTC Closes SPAC Merger Deal
Shares in the company fell more than 50% this week as the merger approval went forward.
What to know:
- Anthony Pompliano-led ProCap BTC closed its SPAC merger on Friday.
- This year's crop of quickly-formed bitcoin treasury companies have plunged in value, and BRR fell more than 50% this week as its merger went forward.
- Pompliano attempted to address investor concerns over management and board compensation.
Top Stories
