{"id":38408,"date":"2021-03-05T18:09:17","date_gmt":"2021-03-05T16:09:17","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=38408"},"modified":"2025-08-30T04:31:36","modified_gmt":"2025-08-30T01:31:36","slug":"microstrategy-buys-another-205-btc-at-a-price-below-50000","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/microstrategy-buys-another-205-btc-at-a-price-below-50000\/","title":{"rendered":"MicroStrategy buys another 205 BTC at a price below $50,000"},"content":{"rendered":"<p>A Nasdaq-listed business analytics software provider, MicroStrategy, has purchased an additional ~205 BTC for about $10 million, CEO Michael Saylor said.<!--more--><\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p dir=\"ltr\" lang=\"en\">MicroStrategy has purchased an additional ~205 bitcoins for ~$10.0 million in cash at an average price of ~$48,888 per <a href=\"https:\/\/twitter.com\/hashtag\/bitcoin?src=hash&#038;ref_src=twsrc%5Etfw\">#bitcoin<\/a>. As of 3\/5\/2021, we <a href=\"https:\/\/twitter.com\/hashtag\/hodl?src=hash&#038;ref_src=twsrc%5Etfw\">#hodl<\/a> ~91,064 bitcoins acquired for ~$2.196 billion at an average price of ~$24,119 per bitcoin. <a href=\"https:\/\/twitter.com\/search?q=%24MSTR&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$MSTR<\/a><a href=\"https:\/\/t.co\/a0BRd4Wy3r\">https:\/\/t.co\/a0BRd4Wy3r<\/a><\/p>\n<p>\u2014 Michael Saylor (@michael_saylor) <a href=\"https:\/\/twitter.com\/michael_saylor\/status\/1367824821011296257?ref_src=twsrc%5Etfw\">March 5, 2021<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The average purchase price was around $48,888 per bitcoin.<\/p>\n<p>With the latest addition, the company\u2019s total holdings of the leading cryptocurrency reached 91,064 BTC (about $4.42 billion at the time of writing). MicroStrategy paid an average of about $24,119 per bitcoin, Saylor said.<\/p>\n<p>The previous purchase of digital gold by the company was made earlier in the week, spending about $15 million <a href=\"https:\/\/u1f987.com\/en\/news\/microstrategy-invests-another-15-million-in-bitcoin\">on the acquisition of 328 BTC<\/a>.<\/p>\n<p>In August 2020, MicroStrategy <a href=\"https:\/\/u1f987.com\/en\/news\/microstrategy-becomes-the-first-nasdaq-listed-company-to-invest-part-of-its-capital-in-bitcoin\">became the first publicly traded company<\/a>, which converted part of its cash reserves into bitcoin. The firm <a href=\"https:\/\/u1f987.com\/en\/news\/microstrategy-bets-another-175-million-on-bitcoin\">continued buying the leading cryptocurrency<\/a> with its own funds, and in December it raised debt financing for this purpose through <a href=\"https:\/\/u1f987.com\/en\/news\/microstrategy-raises-650-million-for-bitcoin-purchase\">a $650 million convertible bond offering<\/a>. The company <a href=\"https:\/\/u1f987.com\/en\/news\/microstrategy-invests-another-650-million-in-bitcoin\">invested in bitcoin<\/a>.<\/p>\n<p>In February, MicroStrategy conducted a new issue of debt, <a href=\"https:\/\/u1f987.com\/en\/news\/microstrategy-raises-more-than-1-billion-in-debt-financing-to-buy-bitcoin\">placing bonds of more than $1 billion<\/a>, and again <a href=\"https:\/\/u1f987.com\/en\/news\/microstrategy-buys-more-bitcoin-for-1-026-billion\">invested the raised funds<\/a> in the leading cryptocurrency.<\/p>\n<blockquote class=\"wp-embedded-content\" data-secret=\"xOurjZGIci\">\n<p><a href=\"https:\/\/u1f987.com\/en\/news\/financial-micro-matters-what-lies-behind-microstrategys-bold-bet-on-bitcoin\">Financial micro-matters: what lies behind MicroStrategy&#8217;s big bet on pushing bitcoin higher<\/a><\/p>\n<\/blockquote>\n<p><iframe loading=\"lazy\" class=\"wp-embedded-content\" sandbox=\"allow-scripts\" security=\"restricted\" style=\"position: absolute; visibility: hidden;\" title=\"\u00ab\u0424\u0438\u043d\u0430\u043d\u0441\u043e\u0432\u044b\u0435 \u043c\u0438\u043a\u0440\u043e\u043c\u0430\u0442\u0435\u0440\u0438\u0438: \u0447\u0442\u043e \u0441\u043a\u0440\u044b\u0432\u0430\u0435\u0442\u0441\u044f \u0437\u0430 \u0431\u043e\u043b\u044c\u0448\u043e\u0439 \u0438\u0433\u0440\u043e\u0439 MicroStrategy \u043d\u0430 \u043f\u043e\u0432\u044b\u0448\u0435\u043d\u0438\u0435 \u0431\u0438\u0442\u043a\u043e\u0438\u043d\u0430\u00bb \u2014 ForkLog\" src=\"https:\/\/u1f987.com\/exclusive\/finansovye-mikromaterii-chto-skryvaetsya-za-bolshoj-igroj-microstrategy-na-povyshenie-bitkoina\/embed#?secret=0S4TTMtNek#?secret=xOurjZGIci\" data-secret=\"xOurjZGIci\" width=\"500\" height=\"282\" frameborder=\"0\" marginwidth=\"0\" marginheight=\"0\" scrolling=\"no\"><\/iframe><\/p>\n<p>In early 2021, the company said it would continue to deploy free cash into bitcoin and <a href=\"https:\/\/u1f987.com\/en\/news\/microstrategy-to-explore-new-bitcoin-investment-opportunities\">will explore new opportunities to invest in digital gold<\/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 Nasdaq-listed business analytics software provider MicroStrategy has purchased approximately 205 BTC for about $10 million, according to the company&#8217;s CEO, Michael Saylor.<\/p>\n","protected":false},"author":1,"featured_media":38409,"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":[52,1207],"class_list":["post-38408","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-investments","tag-microstrategy"],"aioseo_notices":[],"amp_enabled":true,"views":"28","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/38408","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=38408"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/38408\/revisions"}],"predecessor-version":[{"id":38410,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/38408\/revisions\/38410"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/38409"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=38408"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=38408"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=38408"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}