{"id":18485,"date":"2024-11-11T16:56:57","date_gmt":"2024-11-11T14:56:57","guid":{"rendered":"https:\/\/forklog.com\/en\/microstrategy-acquires-27200-btc-for-2-03-billion\/"},"modified":"2024-11-11T16:56:57","modified_gmt":"2024-11-11T14:56:57","slug":"microstrategy-acquires-27200-btc-for-2-03-billion","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/microstrategy-acquires-27200-btc-for-2-03-billion\/","title":{"rendered":"MicroStrategy Acquires 27,200 BTC for $2.03 Billion"},"content":{"rendered":"<p>Between October 31 and November 10, MicroStrategy acquired an additional 27,200 BTC for $2.03 billion, at approximately $74,463 per coin. This was announced by the company&#8217;s founder, Michael Saylor.\u00a0<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">MicroStrategy has acquired 27,200 BTC for ~$2.03 billion at ~$74,463 per <a href=\"https:\/\/twitter.com\/hashtag\/bitcoin?src=hash&#038;ref_src=twsrc%5Etfw\">#bitcoin<\/a> and has achieved BTC Yield of 7.3% QTD and 26.4% YTD. As of 11\/10\/2024, we hodl 279,420 <a href=\"https:\/\/twitter.com\/search?q=%24BTC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$BTC<\/a> acquired for ~$11.9 billion at ~$42,692 per bitcoin. <a href=\"https:\/\/twitter.com\/search?q=%24MSTR&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$MSTR<\/a> <a href=\"https:\/\/t.co\/uCt8nNUVqd\">https:\/\/t.co\/uCt8nNUVqd<\/a><\/p>\n<p>\u2014 Michael Saylor\u26a1\ufe0f (@saylor) <a href=\"https:\/\/twitter.com\/saylor\/status\/1855959543508828428?ref_src=twsrc%5Etfw\">November 11, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>As of November 11, the firm holds 279,420 BTC, acquired for $11.9 billion at an average rate of $42,692. At the time of writing, these assets are valued at $22.87 billion.\u00a0<\/p>\n<p>MicroStrategy&#8217;s quarterly profit from holding digital gold amounted to 7.3%, and 26.4% since the beginning of the year.\u00a0<\/p>\n<p>Amid the overall market growth and the announcement of the additional purchase, MSTR shares rose by 10.1% in pre-market trading on Nasdaq, according to <a href=\"https:\/\/www.investing.com\/equities\/microstrategy-inc\">Investing.com<\/a>.<\/p>\n<p>According to <a href=\"https:\/\/saylortracker.com\/\">SaylorTracker<\/a>, excluding the latest deal, the company has purchased the first cryptocurrency 42 times. The firm&#8217;s investments have paid off by 107%, yielding over $10.7 billion.\u00a0<\/p>\n<figure class=\"wp-block-image\"><img decoding=\"async\" src=\"https:\/\/lh7-qw.googleusercontent.com\/docsz\/AD_4nXdQ2MhlMfPZTZhGvMUKwW2D5AjfFdv9RYz5Z_PIXuHG6kYq7C97u-0FRqFayvC_qQ2Yf8bB0pxbWvEaY4kE8BBjhKwfMK7lXXl8qPaMvth_BTauF3KflysK6Kj2yPDDEDz9P-mv?key=MXWgyrmitgets7MrNsrfJw\" alt=\"MicroStrategy Acquires 27,200 BTC for $2.03 Billion\"\/><figcaption class=\"wp-element-caption\">MicroStrategy&#8217;s Bitcoin Purchases. Data: SaylorTracker.\u00a0<\/figcaption><\/figure>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8220;I think SaylorTracker needs more green dots,&#8221; <a href=\"https:\/\/x.com\/saylor\/status\/1855589307550986263\">noted<\/a> Saylor.\u00a0<\/p>\n<\/blockquote>\n<p>MicroStrategy remains the largest corporate holder of digital gold. It is followed by miners MARA and Riot Platforms, who <a href=\"https:\/\/bitcointreasuries.net\/\">hold<\/a> bitcoins valued at $2.19 billion and $852 million, respectively.<\/p>\n<p>Back in September, Saylor&#8217;s company acquired 7,420 BTC after selling bonds worth $1 billion.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Between October 31 and November 10, MicroStrategy acquired an additional 27,200 BTC for $2.03 billion, at approximately $74,463 per coin. This was announced by the company&#8217;s founder, Michael Saylor.\u00a0 MicroStrategy has acquired 27,200 BTC for ~$2.03 billion at ~$74,463 per #bitcoin and has achieved BTC Yield of 7.3% QTD and 26.4% YTD. As of 11\/10\/2024, [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":18484,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1207],"class_list":["post-18485","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-microstrategy"],"aioseo_notices":[],"amp_enabled":true,"views":"6","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/18485","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=18485"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/18485\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/18484"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=18485"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=18485"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=18485"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}