{"id":35233,"date":"2021-01-23T09:36:00","date_gmt":"2021-01-23T07:36:00","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=35233"},"modified":"2025-08-29T00:20:02","modified_gmt":"2025-08-28T21:20:02","slug":"microstrategy-bets-another-10m-on-bitcoin-as-prices-slide","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/microstrategy-bets-another-10m-on-bitcoin-as-prices-slide\/","title":{"rendered":"MicroStrategy Bets Another $10m on Bitcoin as Prices Slide"},"content":{"rendered":"<p>The analytics software provider MicroStrategy has purchased additional Bitcoin totaling $10 million. This follows a Friday disclosure to the U.S. Securities and Exchange Commission (SEC).<\/p>\n<p>The document states that the company bought 314 BTC at an average price of $31,808 per coin.<\/p>\n<blockquote>\n<p>&#8220;As of January 22, 2021, the company held about 70,784 BTC, which it had purchased for $1.136 billion at an average price of $16,035 per coin, including fees and other costs&#8221;, according to the SEC filing.<\/p>\n<\/blockquote>\n<p>The total value of MicroStrategy&#8217;s cryptocurrency holdings is $2.35 billion, according to <a href=\"https:\/\/bitcointreasuries.org\/\" target=\"_blank\" rel=\"noopener noreferrer\">Bitcoin Treasuries<\/a>. The company&#8217;s unrealized gains from its digital gold trades stand at roughly $1.2 billion.<\/p>\n<p style=\"margin: 12px auto 6px auto; font-family: Helvetica,Arial,Sans-serif; font-style: normal; font-variant: normal; font-weight: normal; font-size: 14px; line-height: normal; font-size-adjust: none; font-stretch: normal; -x-system-font: none; display: block;\"><a style=\"text-decoration: underline;\" title=\"View Form-8-K_jan-22-2021 on Scribd\" href=\"https:\/\/www.scribd.com\/document\/491794114\/Form-8-K-jan-22-2021#from_embed\">Form-8-K_jan-22-2021<\/a> by <a style=\"text-decoration: underline;\" title=\"View ForkLog's profile on Scribd\" href=\"https:\/\/www.scribd.com\/user\/456422024\/ForkLog#from_embed\">ForkLog<\/a> on Scribd<\/p>\n<p><iframe loading=\"lazy\" id=\"doc_71404\" class=\"scribd_iframe_embed\" title=\"Form-8-K_jan-22-2021\" src=\"https:\/\/www.scribd.com\/embeds\/491794114\/content?start_page=1&#038;view_mode=scroll&#038;access_key=key-M3Q3eX2ZnEpXvaE9eIwc\" width=\"100%\" height=\"600\" frameborder=\"0\" scrolling=\"no\" data-auto-height=\"false\" data-aspect-ratio=\"0.7068965517241379\"><\/iframe><\/p>\n<p>After <a href=\"https:\/\/u1f987.com\/en\/news\/bitcoin-price-climbs-above-41000\">reaching<\/a> an all-time high for Bitcoin at the $42,000 level, the price of the leading cryptocurrency fell about 20% in two weeks. As of writing, Bitcoin is trading around $33,250, with a market capitalization of $618 billion and a dominance index of 63.3% (per CoinGecko).<\/p>\n<p>In December <a href=\"https:\/\/u1f987.com\/en\/news\/microstrategy-invests-another-650-million-in-bitcoin\">MicroStrategy acquired 29,646 BTC for $650 million<\/a>. The company funded the cryptocurrency purchase through <a href=\"https:\/\/u1f987.com\/en\/news\/microstrategy-raises-650-million-for-bitcoin-purchase\">the issue of convertible bonds<\/a>.<\/p>\n<p>Subscribe to ForkLog&#8217;s channel on <a href=\"https:\/\/www.youtube.com\/channel\/UCC9FnXTC8_ENzaNSO5cHQ6g\" target=\"_blank\" rel=\"nofollow noopener noreferrer\"> YouTube<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The analytics software provider MicroStrategy has purchased additional Bitcoin totaling $10 million. This follows a Friday disclosure to the U.S. Securities and Exchange Commission (SEC).<\/p>\n","protected":false},"author":1,"featured_media":35234,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,1156,1207],"class_list":["post-35233","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-institutional-investors-and-whales","tag-microstrategy"],"aioseo_notices":[],"amp_enabled":true,"views":"22","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/35233","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=35233"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/35233\/revisions"}],"predecessor-version":[{"id":35235,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/35233\/revisions\/35235"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/35234"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=35233"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=35233"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=35233"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}