{"id":44285,"date":"2024-12-30T13:47:59","date_gmt":"2024-12-30T13:47:59","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/microstrategy-buys-2138-btc-to-bring-stash-to-446400\/"},"modified":"2024-12-30T13:47:59","modified_gmt":"2024-12-30T13:47:59","slug":"microstrategy-buys-2138-btc-to-bring-stash-to-446400","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/microstrategy-buys-2138-btc-to-bring-stash-to-446400\/","title":{"rendered":"MicroStrategy buys 2,138 BTC to bring stash to 446,400"},"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\/03_Microstrategy-3-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/03\/03_Microstrategy-3-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/03\/03_Microstrategy-3-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/03\/03_Microstrategy-3-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li>MicroStrategy has added to its Bitcoin holdings with another 2,138 BTC purchase<\/li>\n<li>This is the eighth consecutive week that the US-listed company has purchased Bitcoin<\/li>\n<li>MicroStrategy\u2019s announcement comes a day after Michael Saylor posted the company\u2019s BTC tracker.<\/li>\n<\/ul>\n<p>MicroStrategy, the world\u2019s largest publicly-traded holder of Bitcoin (BTC), has announced purchase of the flagship digital asset.<\/p>\n<p>The company, whose BTC buying spree has seen it become known as a Bitcoin development company, revealed the latest purchase on Dec. 30.<\/p>\n<h2>MicroStrategy buys BTC again<\/h2>\n<p>In the announcement, the company disclosed its eighth consecutive week of BTC acquisition involved the scooping of 2,138 bitcoins for $209 million. The company used funds from its at-the-market share sales, which currently stands at over $6.88 billion.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">MicroStrategy has acquired 2,138 BTC for ~$209 million at ~$97,837 per bitcoin and has achieved BTC Yield of 47.8% QTD and 74.1% YTD. As of 12\/29\/2024, we hodl 446,400 <a href=\"https:\/\/twitter.com\/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$BTC<\/a> acquired for ~$27.9 billion at ~$62,428 per bitcoin. <a href=\"https:\/\/twitter.com\/search?q=%24MSTR&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$MSTR<\/a> <a href=\"https:\/\/t.co\/58aXM7g6u2\">https:\/\/t.co\/58aXM7g6u2<\/a><\/p>\n<p>\u2014 Michael Saylor\u26a1\ufe0f (@saylor) <a href=\"https:\/\/twitter.com\/saylor\/status\/1873716433919803868?ref_src=twsrc%5Etfw\">December 30, 2024<\/a><\/p>\n<\/blockquote>\n<p>Michael Saylor, the founder and executive chairman of MicroStrategy, had <a href=\"https:\/\/coinjournal.net\/news\/saylor-posts-microstrategys-btc-tracker-another-buy\/\">posted<\/a> the company\u2019s BTC tracker on Dec. 29, leading to speculation about today\u2019s announcement.<\/p>\n<p>For its most recent BTC acquisition, MicroStrategy spent approximately $97,837 per BTC. With this purchase, MicroStrategy has extended its lead as the world\u2019s largest holder of Bitcoin among publicly traded companies. It now hodls 446,400 BTC, acquired for a total of $27.9 billion and at the average purchase price of $62,428 per bitcoin.<\/p>\n<p>In total, the company has seen a BTC Yield of 47.8% quarter-to-date and 74.1% year-to-date.<\/p>\n<p>Despite the buying, Bitcoin price remained negative on the daily and weekly time frames, trading around $93,114 at the time of writing. Per CoinMarketCap, BTC was down 1.8% in the past 24 hours and 2.6% in the past week.<\/p>\n<p>Meanwhile, the MicroStrategy stock, which rose sharply amid the company\u2019s joining of the Nasdaq 100, was down 13.3% in pre-market trading. MSTR closed at $330 on Dec. 27 but hovered around $319 at 8:30 ET on Dec. 30.<\/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-2138-btc-to-bring-stash-to-446400\/\">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 to its Bitcoin holdings with another 2,138 BTC purchase This is the eighth consecutive week that the US-listed company has purchased Bitcoin MicroStrategy\u2019s announcement comes a day after Michael Saylor posted the company\u2019s BTC tracker. MicroStrategy, the world\u2019s [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":44286,"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\/44285"}],"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=44285"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/44285\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/44286"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=44285"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=44285"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=44285"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}