{"id":21935,"date":"2023-06-29T09:59:01","date_gmt":"2023-06-29T09:59:01","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/microstrategys-bitcoin-portfolio-swells-by-12333-coins-to-0-726-of-total-supply\/"},"modified":"2023-06-29T09:59:01","modified_gmt":"2023-06-29T09:59:01","slug":"microstrategys-bitcoin-portfolio-swells-by-12333-coins-to-0-726-of-total-supply","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/microstrategys-bitcoin-portfolio-swells-by-12333-coins-to-0-726-of-total-supply\/","title":{"rendered":"MicroStrategy\u2019s Bitcoin Portfolio Swells by 12,333 Coins to 0.726% of Total Supply"},"content":{"rendered":"<p><b>(Originally posted on : Crypto News &#8211; iGaming.org )<\/b><br \/>\n<\/p>\n<div>\n<p>MicroStrategy, the business intelligence software firm known for holding the largest amount of bitcoin among public companies, continues to enhance its aggressive acquisition strategy. It recently invested an additional $347 million to purchase 12,333 bitcoins, averaging $28,136 per <a href=\"https:\/\/igaming.org\/cryptocurrencies\/section\/what-is-a-bitcoin\/\">bitcoin<\/a>. This latest addition has swelled the company\u2019s total Bitcoin holdings to a staggering 152,333, which were bought at an average price of $29,668 per bitcoin. Given the total number of bitcoins ever available is capped at 21 million, MicroStrategy now possesses about 0.726% of the overall supply.<\/p>\n<p>MicroStrategy started its bitcoin journey in August 2020 and has consistently amplified its bitcoin portfolio since then. Despite <a href=\"https:\/\/igaming.org\/crypto\/microstrategy-sold-bitcoin-in-2022-for-tax-efficiency-michael-saylor\/\">offloading<\/a> some holdings for tax loss purposes in December 2022, the company quickly rebounded by buying an <a href=\"https:\/\/igaming.org\/crypto\/microstrategy-adds-2500-bitcoin-to-stockpile-and-holds-132500-btc\/\">additional 2,500 bitcoins<\/a>, reinforcing its considerable stake. It\u2019s worth mentioning that the company\u2019s holdings amount to roughly 0.726% of the total 21 million bitcoins to ever be in existence.<\/p>\n<div class=\"main-org-3-item-ins box-100 relative mb-4\">\n<div class=\"space-org-3-items box-100 relative\">\n<div class=\"box-100 space-org-3-item relative border-tb mt-1 \">\n<div class=\"space-org-3-item-ins box-100 relative\">\n<div class=\"space-org-3-item-terms box-25 relative\">\n<div class=\"space-org-3-item-terms-ins box-100 text-center relative\"> <strong>5BTC or 111% + 111 Free Spins!<\/strong> <\/p>\n<p>New players only. Exclusive 111% Welcome Bonus + 111 Free Spins in Aztec Magic Deluxe <\/p>\n<\/p><\/div>\n<\/p><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>Along with its persistent pursuit of bitcoin accumulation, MicroStrategy has also unveiled plans to employ Lightning for enterprise infrastructure services and content monetization solutions. <a href=\"https:\/\/igaming.org\/cryptocurrencies\/michael-saylor-net-worth-microstrategy-chairman-and-bitcoin-bull\/\">Michael Saylor<\/a>, the company\u2019s chairman, has been energetically leading the drive to <a href=\"https:\/\/igaming.org\/crypto\/7-reasons-why-the-bitcoin-network-is-clean-michael-saylor\/\">promote Bitcoin adoption<\/a> and development.<\/p>\n<p>MicroStrategy\u2019s recent purchase reemphasizes the company\u2019s faith in the enduring potential of the digital currency. Their most recent acquisition surpasses the entire bitcoin holdings of Marathon, the only other company with a substantial bitcoin reserve compared to MicroStrategy. It\u2019s evident that MicroStrategy\u2019s aggressive acquisition strategy places it at the forefront of the corporate bitcoin landscape, commanding a significant portion of the finite supply.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/igaming.org\/crypto\/bitcoin-power-player-microstrategy-acquires-another-12333-btc\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Crypto News &#8211; iGaming.org ) MicroStrategy, the business intelligence software firm known for holding the largest amount of bitcoin among public companies, continues to enhance its aggressive acquisition strategy. It recently invested an additional $347 million to purchase 12,333 bitcoins, averaging $28,136 per bitcoin. This latest addition has swelled the company\u2019s [&hellip;]<\/p>\n","protected":false},"author":35,"featured_media":21936,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[34],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/21935"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/35"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=21935"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/21935\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/21936"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=21935"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=21935"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=21935"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}