{"id":41602,"date":"2024-11-18T15:20:02","date_gmt":"2024-11-18T15:20:02","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/microstrategy-buys-another-4-6-billion-of-bitcoin\/"},"modified":"2024-11-18T15:20:02","modified_gmt":"2024-11-18T15:20:02","slug":"microstrategy-buys-another-4-6-billion-of-bitcoin","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/microstrategy-buys-another-4-6-billion-of-bitcoin\/","title":{"rendered":"MicroStrategy buys another $4.6 billion of Bitcoin"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/03\/06_MicroStrategy-4-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/03\/06_MicroStrategy-4-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/03\/06_MicroStrategy-4-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/03\/06_MicroStrategy-4-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li>MicroStrategy has added 51,780 Bitcoin (BTC) to its holdings.<\/li>\n<li>The company acquired the BTC for $4.6 billion, bringing total holdings to 331,200 BTC.<\/li>\n<li>Metaplanet, the MicroStrategy of Asia, also announced plans to buy more Bitcoin on Nov. 18.<\/li>\n<\/ul>\n<p>MicroStrategy, the world\u2019s largest corporate holder of Bitcoin (BTC), has added to its impressive BTC haul with another major buy.<\/p>\n<p>The company <a href=\"https:\/\/www.microstrategy.com\/press\/microstrategy-acquires-51780-btc-and-achieves-btc-yield-of-20-qtd-and-41-ytd-now-holds-331200-btc\" target=\"_blank\" rel=\"noopener\">announced<\/a> on Nov. 18 that it had acquired an additional 51,780 BTC worth $4.6 billion, with the latest purchase coming at an average price of $88,627 per bitcoin. It pushes MicroStrategy\u2019s total BTC holdings to 331,200 BTC.<\/p>\n<h2>MicroStrategy BTC holdings hit 331, 200<\/h2>\n<p>MicroStrategy\u2019s announcement comes a few days after the company founder Michael Saylor revealed the purchase of over $2 billion worth of BTC.<\/p>\n<p>Overall, the publicly-listed company, whose stock MSTR has surged amid Bitcoin\u2019s mega price spike, has acquired $16.5 billion worth of BTC. The average price of the buys is $49,874, putting the company billions of dollars in profit as the benchmark cryptocurrency trades near its all-time high.<\/p>\n<p>\u201cMicroStrategy has acquired 51,780 BTC for ~$4.6 billion at ~$88,627 per #bitcoin and has achieved BTC Yield of 20.4% QTD and 41.8% YTD. As of 11\/17\/2024, we hodl 331,200 $BTC acquired for ~$16.5 billion at ~$49,874 per bitcoin,\u201d Michael Saylor <a href=\"https:\/\/x.com\/saylor\/status\/1858496146026467378\" target=\"_blank\" rel=\"noopener\">posted<\/a> on X.<\/p>\n<p>As CoinJournal reported, the US-based firm has inspired several other platforms and entities to adopt a Bitcoin strategy.<\/p>\n<p>One of these is Metaplanet, the Japan-based company listed on the Tokyo Stock Exchange. On Nov. 18, Metaplanet disclosed the issuance of over <a href=\"https:\/\/coinjournal.net\/news\/metaplanet-to-buy-additional-11-7-million-bitcoin\/\" target=\"_blank\" rel=\"noopener\">$11 million in bonds<\/a> to buy Bitcoin. Metaplanet has become known as the \u201cMicroStrategy of Asia.\u201d<\/p>\n<p>Elsewhere, the market continues to see a surge in interest in the crypto asset class. Bitcoin recently broke to a new all-time high above $93k. The BTC price has remained steady near the $90k level amid predictions that the digital asset\u2019s value could run to $100k before the end of the year.<\/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><a href=\"https:\/\/coinjournal.net\/news\/microstrategy-buys-another-4-6-billion-of-bitcoin\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) MicroStrategy has added 51,780 Bitcoin (BTC) to its holdings. The company acquired the BTC for $4.6 billion, bringing total holdings to 331,200 BTC. Metaplanet, the MicroStrategy of Asia, also announced plans to buy more Bitcoin on Nov. 18. MicroStrategy, the world\u2019s [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":41603,"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\/41602"}],"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=41602"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/41602\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/41603"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=41602"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=41602"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=41602"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}