●• Deviation from regular accumulation strategy sparks market discussion
●• Raises questions about capital strategy during equity volatility
Decrypt reports that MicroStrategy has skipped a Bitcoin purchase, a deviation from its typical pattern of regular accumulation. This comes as the company's stock is trading significantly down, approximately 67% from its peak.
The pause in purchasing has generated discussion regarding the company's capital allocation strategy during periods of equity market volatility. It raises questions about whether the firm is conserving cash or waiting for more favorable market conditions before resuming its leveraged Bitcoin acquisition strategy.