{"id":42706,"date":"2021-05-18T16:01:28","date_gmt":"2021-05-18T13:01:28","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=42706"},"modified":"2025-08-31T00:25:29","modified_gmt":"2025-08-30T21:25:29","slug":"microstrategy-invests-10-million-in-bitcoin","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/microstrategy-invests-10-million-in-bitcoin\/","title":{"rendered":"MicroStrategy Invests $10 Million in Bitcoin"},"content":{"rendered":"<p>The Nasdaq-listed company MicroStrategy has purchased an additional 229 BTC for $10 million.<\/p>\n<p><!--more--><\/p>\n<blockquote class=\\\"twitter-tweet\\\">\n<p lang=\\\"en\\\" dir=\\\"ltr\\\">MicroStrategy has purchased an additional 229 bitcoins for $10.0 million in cash at an average price of ~$43,663 per <a href=\\\"https:\/\/twitter.com\/hashtag\/bitcoin?src=hash&#038;ref_src=twsrc%5Etfw\\\">#bitcoin<\/a>. As of 5\/18\/2021, we <a href=\\\"https:\/\/twitter.com\/hashtag\/hodl?src=hash&#038;ref_src=twsrc%5Etfw\\\">#hodl<\/a> ~92,079 bitcoins acquired for ~$2.251 billion at an average price of ~24,450 per bitcoin. <a href=\\\"https:\/\/twitter.com\/search?q=%24MSTR&#038;src=ctag&#038;ref_src=twsrc%5Etfw\\\">$MSTR<\/a><a href=\\\"https:\/\/t.co\/fU6LN4WbKI\\\">https:\/\/t.co\/fU6LN4WbKI<\/a><\/p>\n<p>\u2014 Michael Saylor (@michael_saylor) <a href=\\\"https:\/\/twitter.com\/michael_saylor\/status\/1394625128257007618?ref_src=twsrc%5Etfw\\\">May 18, 2021<\/a><\/p><\/blockquote>\n<p> <script async=\\\"\\\\\" src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<p>CEO Michael Saylor, the CEO of the analytics software provider, said the average purchase price was around $43,663.<\/p>\n<p>As of May 18, 2021, MicroStrategy owned 92,079 BTC worth more than $4 billion. The average purchase price was $24,450.<\/p>\n<p>According to <a href=\\\"https:\/\/bitcointreasuries.org\/\\\" target=\\\"_blank\\\" rel=\\\"noreferrer noopener nofollow\\\">Bitcoin Treasuries<\/a>, the share of the company&#8217;s reserves held in the digital asset accounts for 85% of its market capitalization.<\/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\"> invested $250 million in Bitcoin<\/a>. Later, the company&#8217;s board<a href=\"https:\/\/u1f987.com\/en\/news\/microstrategy-bets-another-175-million-on-bitcoin\"> approved a policy to ramp up investments<\/a> in the leading cryptocurrency using cash reserves.<\/p>\n<p>In December, the company placed convertible bonds<a href=\"https:\/\/u1f987.com\/en\/news\/microstrategy-raises-650-million-for-bitcoin-purchase\"> worth $650 million<\/a> to fund further purchases of digital gold.<\/p>\n<p>In February 2021, the software provider<a href=\"https:\/\/u1f987.com\/en\/news\/microstrategy-raises-more-than-1-billion-in-debt-financing-to-buy-bitcoin\"> issued debt instruments worth more than $1 billion<\/a> and<a href=\"https:\/\/u1f987.com\/en\/news\/microstrategy-buys-more-bitcoin-for-1-026-billion\"> again invested<\/a> the raised funds in cryptocurrency.<\/p>\n<p>In March MicroStrategy acquired <a href=\"https:\/\/u1f987.com\/en\/news\/microstrategy-invests-another-15-million-in-bitcoin\">328 BTC<\/a>, about <a href=\"https:\/\/u1f987.com\/en\/news\/microstrategy-buys-another-205-btc-at-a-price-below-50000\">205 BTC<\/a> and <a href=\"https:\/\/u1f987.com\/en\/news\/microstrategy-buys-additional-bitcoin-for-15-million\">262 BTC<\/a>. The firm invested $15 million in digital gold <a href=\"https:\/\/u1f987.com\/en\/news\/microstrategy-makes-a-further-15-million-investment-in-bitcoin\">in April<\/a> and<a href=\"https:\/\/u1f987.com\/en\/news\/microstrategy-adds-15-million-to-bitcoin-holdings\"> May<\/a>.<\/p>\n<p>Earlier, the MicroStrategy board<a href=\"https:\/\/u1f987.com\/en\/news\/microstrategy-board-approves-bitcoin-based-remuneration-payout\"> approved a policy for paying bonuses<\/a> in Bitcoin.<\/p>\n<p>Subscribe to ForkLog news on <a href=\\\"https:\/\/vk.com\/forklogcom\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener\\\">VK<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Nasdaq-listed company MicroStrategy has purchased an additional 229 BTC for $10 million.<\/p>\n","protected":false},"author":1,"featured_media":42707,"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-42706","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":"21","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/42706","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=42706"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/42706\/revisions"}],"predecessor-version":[{"id":42708,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/42706\/revisions\/42708"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/42707"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=42706"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=42706"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=42706"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}