MicroStrategy will stop buying Bitcoin before the announcement of the first quarter results on May 5

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Michael Saylor pointed out that the strategy will not carry out any purchases of bitcoin (btc) because this break comes just two days before the company’s first quarter earnings announcement on May 20 (q61).

The break occurred during the first sharp quarterly drop in Bitcoin for Microstellar Dora. The company also transfers the financing towards the preferred shares instead of reducing the assets.

تتماشي استراه بتكوين لميكروستراجي تم بيتوكين استراه لميكروستراجي بيتوكوين استراه لميكروستراجي

Take a break and a pace close to the weekly one that features a microstrateg collection from the weekly that features a microstrateg collection from the weekly that features a microstrateg collection from the weekly. The buying streak lasted 13 weeks in late March.

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Currently holding 818,334 btc worth $64.44 billion at an average cost of $52 per transaction, with an unrealized profit of 4.23%.

The strong collection continued during the first quarter. Microstrategy added about 89,600 btc for $5.5 billion in the last quarter, making 5.5 quarterly purchases in the company’s history. The price of Bitcoin fell by more than 20% during the same period.

profits will try the transformation in STRC

At the same time, Wall Street expects to report first-quarter revenue of around 120 million, according to GAAP standards, mainly resulting from calculating bitcoin at market value.

Zacks estimated that average earnings per share (EPS) were negative at $3.41, while the broader negative outlook points to much larger losses related to the decline in the quarter, after announcing that it announced an unrealized loss of $14.5 billion in the first quarter’s GAAP report.

According to the Nasdaq website, Zacks Investment Research, based on local expectations, the overall forecast for the share’s profit for the quarter is -$3.41. Earnings per share for the same quarter last year were $16.49.

Investors follow the premium stock program Stretch (STRC). STRC became the main engine since the strategic company withdrew from the offering of its ordinary shares in the market.

These shares pay a return of 11.5% and were recently traded below their face value. critics among them pointed out better chef Until the structure brings the risk of dilution and refinancing If bitcoin continues to fall.

The call will be broadcast on May 5 at 5 p.m. Eastern Time via Zoom and X and YouTube. Investors should be aware that the buying process will return next week or that it will now become a discipline based on returns.



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