{"id":26749,"date":"2024-02-26T14:02:52","date_gmt":"2024-02-26T14:02:52","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/microstrategy-buys-additional-3000-bitcoin-worth-155m\/"},"modified":"2024-02-26T14:02:52","modified_gmt":"2024-02-26T14:02:52","slug":"microstrategy-buys-additional-3000-bitcoin-worth-155m","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/microstrategy-buys-additional-3000-bitcoin-worth-155m\/","title":{"rendered":"MicroStrategy buys additional 3,000 Bitcoin worth $155M"},"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\/03\/1631612162163-c2993a7c-1c74-4544-be00-6b1cea4f9f4a-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/03\/1631612162163-c2993a7c-1c74-4544-be00-6b1cea4f9f4a-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/03\/1631612162163-c2993a7c-1c74-4544-be00-6b1cea4f9f4a-smartcrop-750x375.png\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/03\/1631612162163-c2993a7c-1c74-4544-be00-6b1cea4f9f4a-smartcrop-363x181.png\" type=\"image\/jpeg\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li><span style=\"font-weight: 400\">MicroStrategy has acquired an additional 3,000 Bitcoin (BTC) for $155 million.<\/span><\/li>\n<li><span style=\"font-weight: 400\">The company now holds 193,000 BTC acquired at an average price of $31,544.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400\">Michale Saylor\u2019s <a href=\"https:\/\/coinjournal.net\/news\/tag\/microstrategy\/\">MicroStrategy<\/a> is continuing with its Bitcoin strategy with another huge purchase of the flagship cryptocurrency.<\/span><\/p>\n<h2><span style=\"font-weight: 400\">MicroStrategy buys 3,000 more BTC<\/span><\/h2>\n<p><span style=\"font-weight: 400\">On Monday, the business intelligence company announced it had acquired an additional 3,000 <a href=\"https:\/\/coinjournal.net\/bitcoin\/\">Bitcoin (BTC)<\/a> for $155 million. The company\u2019s founder and Chairman Michael Saylor revealed the latest haul via his X account.<\/span><\/p>\n<p><span style=\"font-weight: 400\">According to the announcement, MicroStrategy acquired the 3k BTC for an average price of $51,813 each. With this, the publicly listed company\u2019s total Bitcoin holdings have increased to 193,000 BTC. The US-based firm has since its first purchase in 2020 accumulated bitcoin acquired for $6.09 billion.<\/span><\/p>\n<p><span style=\"font-weight: 400\">In the grand scheme of things, MicroStrategy\u2019s Bitcoin acquisition has been at an average price of $31,544.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">MicroStrategy has acquired an additional 3,000 BTC for ~$155 million at an average price of $51,813 per <a href=\"https:\/\/twitter.com\/hashtag\/bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\">#bitcoin<\/a>.  As of 2\/25\/24, <a href=\"https:\/\/twitter.com\/MicroStrategy?ref_src=twsrc%5Etfw\">@MicroStrategy<\/a> now hodls 193,000 <a href=\"https:\/\/twitter.com\/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$BTC<\/a> acquired for ~$6.09 billion at an average price of $31,544 per bitcoin. <a href=\"https:\/\/twitter.com\/search?q=%24MSTR&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$MSTR<\/a> <a href=\"https:\/\/t.co\/micudbYf3P\">https:\/\/t.co\/micudbYf3P<\/a><\/p>\n<p>\u2014 Michael Saylor\u26a1\ufe0f (@saylor) <a href=\"https:\/\/twitter.com\/saylor\/status\/1762101030336999899?ref_src=twsrc%5Etfw\">February 26, 2024<\/a><\/p>\n<\/blockquote>\n<p><span style=\"font-weight: 400\">MicroStrategy\u2019s latest purchase came as BTC price retreated from the recent highs of $53,000. While some analysts say BTC could dip below $50k and likely bounce from the $48k support level, many remain extremely bullish.<\/span><\/p>\n<p><span style=\"font-weight: 400\">On February 20, Saylor <\/span><a href=\"https:\/\/twitter.com\/saylor\/status\/1759998668558516584\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400\">called<\/span><\/a><span style=\"font-weight: 400\"> BTC \u201cthe exit strategy\u201d highlighting his company\u2019s long term view. <\/span><\/p>\n<p><span style=\"font-weight: 400\">The company <a href=\"https:\/\/coinjournal.net\/news\/microstrategy-boosts-bitcoin-holdings-with-615m-purchase-eyes-1-of-supply\/\">bought $615 million worth of BTC<\/a> in December 2023.<\/span><\/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-buys-additional-3000-bitcoin-worth-155m\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News ) MicroStrategy has acquired an additional 3,000 Bitcoin (BTC) for $155 million. The company now holds 193,000 BTC acquired at an average price of $31,544. Michale Saylor\u2019s MicroStrategy is continuing with its Bitcoin strategy with another huge purchase of the flagship cryptocurrency. MicroStrategy buys [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":26750,"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\/26749"}],"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=26749"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/26749\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/26750"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=26749"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=26749"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=26749"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}