{"id":20031,"date":"2024-12-30T17:21:33","date_gmt":"2024-12-30T15:21:33","guid":{"rendered":"https:\/\/forklog.com\/en\/microstrategy-acquires-2138-btc-for-209-million\/"},"modified":"2024-12-30T17:21:33","modified_gmt":"2024-12-30T15:21:33","slug":"microstrategy-acquires-2138-btc-for-209-million","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/microstrategy-acquires-2138-btc-for-209-million\/","title":{"rendered":"MicroStrategy Acquires 2,138 BTC for $209 Million"},"content":{"rendered":"<p>Between December 23 and 29, MicroStrategy acquired 2,138 BTC for approximately $209 million at an average price of about $97,837 per coin. The quarterly investment yield shows a 47.8% increase, while the annual yield is 74.1%.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">MicroStrategy has acquired 2,138 BTC for ~$209 million at ~$97,837 per bitcoin and has achieved BTC Yield of 47.8% QTD and 74.1% YTD. As of 12\/29\/2024, we hodl 446,400 <a href=\"https:\/\/twitter.com\/search?q=%24BTC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$BTC<\/a> acquired for ~$27.9 billion at ~$62,428 per bitcoin. <a href=\"https:\/\/twitter.com\/search?q=%24MSTR&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$MSTR<\/a> <a href=\"https:\/\/t.co\/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><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>As of December 29, the company holds 446,400 BTC, acquired for a total of $27.9 billion at an average price of $62,428 per coin.<\/p>\n<p>Bitcoin critic and Euro Pacific Capital President Peter Schiff commented on Michael Saylor&#8217;s post, pointing out that MicroStrategy is buying fewer coins for more money, which is insufficient to support the price growth of the leading cryptocurrency.<\/p>\n<blockquote class=\"twitter-tweet\" data-conversation=\"none\">\n<p lang=\"en\" dir=\"ltr\">Once again you&#8217;ve announced a smaller buy at an average price that&#8217;s above the current price. You&#8217;re no longer buying enough Bitcoin to keep the price rising.<\/p>\n<p>\u2014 Peter Schiff (@PeterSchiff) <a href=\"https:\/\/twitter.com\/PeterSchiff\/status\/1873717570366509312?ref_src=twsrc%5Etfw\">December 30, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>According to Bloomberg Terminal, companies that previously invested in Bitcoin, such as Metaplanet and <a href=\"https:\/\/t.me\/forklog\/41638\">KULR<\/a>, have become leaders in growth among all companies worldwide with a market capitalization of $250 million or more. MicroStrategy ranks 17th on the list.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">What a Bitcoin Standard can do for your company:<a href=\"https:\/\/twitter.com\/Metaplanet_JP?ref_src=twsrc%5Etfw\">@Metaplanet_JP<\/a> is the best-performing public equity in the world! (among firms with over $250M market cap and $50M+ in average daily trading volume)<\/p>\n<p>The Bitcoin flywheel effect is real ? <a href=\"https:\/\/t.co\/r2hidMgK9O\">pic.twitter.com\/r2hidMgK9O<\/a><\/p>\n<p>\u2014 Simply Bitcoin (@SimplyBitcoinTV) <a href=\"https:\/\/twitter.com\/SimplyBitcoinTV\/status\/1873209758754492670?ref_src=twsrc%5Etfw\">December 29, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>In 2025, a proposal to increase the number of securities as part of the &#8220;21\/21&#8221; Plan for Bitcoin purchases will be put to a shareholder vote at Michael Saylor&#8217;s company.<\/p>\n<p>According to JPMorgan, in the second half of the year, public miners of the leading cryptocurrency increasingly adopted MicroStrategy&#8217;s strategy of accumulating digital gold.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Between December 23 and 29, MicroStrategy acquired 2,138 BTC for approximately $209 million at an average price of about $97,837 per coin. The quarterly investment yield shows a 47.8% increase, while the annual yield is 74.1%. MicroStrategy has acquired 2,138 BTC for ~$209 million at ~$97,837 per bitcoin and has achieved BTC Yield of 47.8% [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":20030,"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":[1538,1641,1207],"class_list":["post-20031","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin-purchase","tag-bitcoin-reserves","tag-microstrategy"],"aioseo_notices":[],"amp_enabled":true,"views":"52","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/20031","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=20031"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/20031\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/20030"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=20031"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=20031"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=20031"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}