MicroStrategy, a company that has been aggressively buying Bitcoin, took a break from its buying spree. The company has been acquiring BTC since the US presidential election and has purchased a total of 218,887 BTC for $20.4 billion, making up more than 2% of the total Bitcoin supply. While some saw the pause in buying as bearish, analysts believe it may be due to the firm's issuance of perpetual preferred stock, which is expected to raise $563 million to buy more BTC. Overall, analysts predict that MicroStrategy will continue its aggressive Bitcoin acquisition strategy in the future.



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