{"id":23670,"date":"2023-09-25T15:23:37","date_gmt":"2023-09-25T15:23:37","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/microstrategy-has-bought-an-additional-5445-btc\/"},"modified":"2023-09-25T15:23:37","modified_gmt":"2023-09-25T15:23:37","slug":"microstrategy-has-bought-an-additional-5445-btc","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/microstrategy-has-bought-an-additional-5445-btc\/","title":{"rendered":"Microstrategy has bought an additional 5,445 BTC"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/08\/1692033109469-ed145da7-5ba0-4cb2-98c5-e048cc643b3b-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/08\/1692033109469-ed145da7-5ba0-4cb2-98c5-e048cc643b3b-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/08\/1692033109469-ed145da7-5ba0-4cb2-98c5-e048cc643b3b-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/08\/1692033109469-ed145da7-5ba0-4cb2-98c5-e048cc643b3b-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li dir=\"ltr\">MicroStrategy says it acquired the additional 5,445 bitcoins for $147.3 million at the average price of $27,053 per coin.<\/li>\n<li dir=\"ltr\">The company now holds 158,245 bitcoins acquired for a total of $4.68 billion.<\/li>\n<\/ul>\n<p dir=\"ltr\">MicroStrategy Inc. (NASDAQ: MSTR), a leading finance software company, has added to its <a href=\"https:\/\/coinjournal.net\/bitcoin\/\">Bitcoin (BTC)<\/a> haul again.<\/p>\n<p dir=\"ltr\">In crypto news shared on Monday by Michael Saylor, the company\u2019s founder and chairman, MicroStrategy recently acquired an additional 5,445 bitcoins to bring its total BTC holdings to over 158k.<\/p>\n<h2 dir=\"ltr\">MicroStrategy now holds 158,245 bitcoins<\/h2>\n<p dir=\"ltr\">According to a <a href=\"https:\/\/www.microstrategy.com\/en\/investor-relations\/financial-documents\/microstrategy-acquires-additional-5445-bitcoins-and-now-holds-158245-btc_9-25-2023\" rel=\"noopener noreferrer\" target=\"_blank\">filing<\/a> with the US Securities and Exchanges Commission (SEC), <a href=\"https:\/\/coinjournal.net\/news\/tag\/microstrategy\/\">MicroStrategy<\/a> purchased the BTC for $147.3 million, acquiring each coin at the average price of $27,053. Per the document, the company now holds 158,245 BTC, which was cumulatively acquired for $4.68 billion. The average price of the entire acquisition is $29,582 per bitcoin.<\/p>\n<p dir=\"ltr\">Saylor shared the news on his official X account on Monday.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">MicroStrategy has acquired an additional 5,445 BTC for ~$147.3 million at an average price of $27,053 per <a href=\"https:\/\/twitter.com\/hashtag\/bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\">#bitcoin<\/a>. As of 9\/24\/23 <a href=\"https:\/\/twitter.com\/MicroStrategy?ref_src=twsrc%5Etfw\">@MicroStrategy<\/a> hodls 158,245 <a href=\"https:\/\/twitter.com\/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$BTC<\/a> acquired for ~$4.68 billion at an average price of $29,582 per bitcoin. <a href=\"https:\/\/twitter.com\/search?q=%24MSTR&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$MSTR<\/a> <a href=\"https:\/\/t.co\/GbJtUoQfXv\">https:\/\/t.co\/GbJtUoQfXv<\/a><\/p>\n<p>\u2014 Michael Saylor\u26a1\ufe0f (@saylor) <a href=\"https:\/\/twitter.com\/saylor\/status\/1706278284651077714?ref_src=twsrc%5Etfw\">September 25, 2023<\/a><\/p>\n<\/blockquote>\n<h2 dir=\"ltr\">Bitcoin price outlook after MicroStrategy news<\/h2>\n<p dir=\"ltr\">BTC has not moved much over the past few days, with price ranging around the $26k level amid a lack of volatility across the market. On Monday, the benchmark cryptocurrency\u2019s value was hovering around $26,130 on major crypto exchanges, with CoinGecko data showing a -1.8% return in the past 24 hours and 4.6% in the past seven days (as of 09:55 ET).<\/p>\n<p dir=\"ltr\">For MicroStrategy, the declines below $27k (which was the average price for the latest purchase) means the 5,445 coins have seen a depreciation in value at current prices.<\/p>\n<p dir=\"ltr\">As to what happens next for BTC, popular crypto analysts say there\u2019s possibility fresh negativity could send the flagship crypto to support below $25k. A notable anchor below this level would be the psychological $20k zone.<\/p>\n<p dir=\"ltr\">Crypto analyst and trader Joe Burnett says a bullish flip for BTC will take it to a new all-time high. With supply \u201cincredibly dry\u201d, all Bitcoin needs is a \u201cspark of demand.\u201d<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">BREAKING: NEW ALL TIME HIGH<\/p>\n<p>87.9% of all <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\">#Bitcoin<\/a> has not moved in the last 90 days.<\/p>\n<p>Bear markets end when supply is incredibly dry. <\/p>\n<p>(Any) spark of demand can serve as a catalyst for the next parabolic bull market. <a href=\"https:\/\/t.co\/2awRgCMWhv\">pic.twitter.com\/2awRgCMWhv<\/a><\/p>\n<p>\u2014 Joe Burnett (\ud83d\udd11)\u00b3 (@IIICapital) <a href=\"https:\/\/twitter.com\/IIICapital\/status\/1706294592830664867?ref_src=twsrc%5Etfw\">September 25, 2023<\/a><\/p>\n<\/blockquote>\n<p dir=\"ltr\">Among other catalysts, analysts are looking at the upcoming bitcoin halving and the potential for a first spot Bitcoin ETF approval by the SEC. Asset investment giant BlackRock is one of the companies looking to offer access to a spot ETF.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/microstrategy-acquires-an-additional-5445-bitcoins\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News ) MicroStrategy says it acquired the additional 5,445 bitcoins for $147.3 million at the average price of $27,053 per coin. The company now holds 158,245 bitcoins acquired for a total of $4.68 billion. MicroStrategy Inc. (NASDAQ: MSTR), a leading finance software company, has added [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":23671,"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":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/23670"}],"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\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=23670"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/23670\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/23671"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=23670"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=23670"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=23670"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}