{"id":27145,"date":"2020-08-12T09:48:12","date_gmt":"2020-08-12T06:48:12","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=27145"},"modified":"2025-08-26T19:01:32","modified_gmt":"2025-08-26T16:01:32","slug":"microstrategy-becomes-the-first-nasdaq-listed-company-to-invest-part-of-its-capital-in-bitcoin","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/microstrategy-becomes-the-first-nasdaq-listed-company-to-invest-part-of-its-capital-in-bitcoin\/","title":{"rendered":"MicroStrategy becomes the first Nasdaq-listed company to invest part of its capital in bitcoin"},"content":{"rendered":"

The Nasdaq-listed analytics software provider MicroStrategy bought<\/a> 21,454 BTC (~$250 million at the time of the deal), becoming the first public company to allocate part of its capital to bitcoin.<\/p>\n

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“Investing in bitcoin is part of our new capital-allocation strategy designed to maximise long-term value for our investors,” said CEO Michael Saylor.<\/p>\n<\/blockquote>\n

He added that the company views bitcoin as a more reliable alternative to the US dollar, which is subject to devaluation.<\/p>\n

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“This investment reflects our belief that bitcoin, as the world’s most popular cryptocurrency, is a reliable store of value and an attractive investment asset. Its long-term potential is higher than that of fiat money.”<\/p>\n<\/blockquote>\n

The statement did not specify where the company purchased the bitcoins or how it intends to store them.<\/p>\n

MicroStrategy’s market capitalisation is currently over $1.3 billion. In the wake of the bitcoin purchase announcement, the company’s shares jumped as much as 14.6%, according to Yahoo Finance<\/a>.<\/p>\n

Plans by the firm to invest part of its capital in cryptocurrency and other ‘alternative assets’ became known<\/a> earlier this month. Saylor attributed the move to inflation risks surrounding the US dollar.<\/p>\n

Follow ForkLog on Facebook<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"

The Nasdaq-listed analytics software provider MicroStrategy bought 21,454 BTC (about $250 million at the time of the deal), becoming the first public company to invest part of its capital in bitcoin.<\/p>\n","protected":false},"author":1,"featured_media":27146,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,1207],"class_list":["post-27145","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-microstrategy"],"aioseo_notices":[],"amp_enabled":true,"views":"32","promo_type":"1","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/27145","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=27145"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/27145\/revisions"}],"predecessor-version":[{"id":27147,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/27145\/revisions\/27147"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/27146"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=27145"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=27145"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=27145"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}