{"id":88777,"date":"2023-12-27T17:57:43","date_gmt":"2023-12-27T15:57:43","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=88777"},"modified":"2025-09-13T20:08:45","modified_gmt":"2025-09-13T17:08:45","slug":"microstrategy-buys-more-bitcoin-for-615-million","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/microstrategy-buys-more-bitcoin-for-615-million\/","title":{"rendered":"MicroStrategy buys more Bitcoin for $615 million"},"content":{"rendered":"<p>MicroStrategy announced the purchase of a further 14,620 BTC for about $615.7 million.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">MicroStrategy has acquired an additional 14,620 BTC for ~$615.7 million at an average price of $42,110 per <a href=\"https:\/\/twitter.com\/hashtag\/bitcoin?src=hash&#038;ref_src=twsrc%5Etfw\">#bitcoin<\/a>. As of 12\/26\/23, <a href=\"https:\/\/twitter.com\/MicroStrategy?ref_src=twsrc%5Etfw\">@MicroStrategy<\/a> now hodls 189,150 <a href=\"https:\/\/twitter.com\/search?q=%24BTC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$BTC<\/a> acquired for ~$5.9 billion at an average price of $31,168 per bitcoin. <a href=\"https:\/\/twitter.com\/search?q=%24MSTR&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$MSTR<\/a> <a href=\"https:\/\/t.co\/PKfYY59sTW\">https:\/\/t.co\/PKfYY59sTW<\/a><\/p>\n<p>\u2014 Michael Saylor\u26a1\ufe0f (@saylor) <a href=\"https:\/\/twitter.com\/saylor\/status\/1739995636953485547?ref_src=twsrc%5Etfw\">December 27, 2023<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Founder Michael Saylor noted that the transactions were carried out between November 30 and December 26 at an average price of $42,110.<\/p>\n<p>As of now, MicroStrategy holds a total of 189,150 BTC, purchased for $5.9 billion \u2014 a price of $31,168 per bitcoin.<\/p>\n<p>According to BitcoinTreasuries, at the time of writing the company&#8217;s unrealised profit in the cryptocurrency exceeds $2.2 billion. The Bitcoin owned by MicroStrategy accounts for 86% of its market capitalisation.<\/p>\n<p>In October, the company <a href=\"https:\/\/u1f987.com\/en\/news\/microstrategy-increases-bitcoin-reserves-to-158400-btc\">acquired 155 BTC<\/a> for $5.3 million. In November, the firm <a href=\"https:\/\/u1f987.com\/en\/news\/microstrategy-buys-more-bitcoin-for-593-3-million\">reported the purchase of 16,130 BTC<\/a> for $593.3 million. For the entire third quarter of 2023 the figure reached 6,067 BTC.<\/p>\n<p>Earlier, North Rock Digital founder Hal Press <a href=\"https:\/\/u1f987.com\/en\/news\/opinion-microstrategy-will-have-to-sell-every-bitcoin\">criticised<\/a> the firm&#8217;s strategy of acquiring bitcoin. In his view, MicroStrategy will have to sell \u201cevery coin eventually.\u201d<\/p>\n<p>In December, Saylor <a href=\"https:\/\/u1f987.com\/en\/news\/michael-saylor-bitcoin-could-fall-to-zero-or-rise-to-1-million\">allowed<\/a> Bitcoin to fall to zero or rise to $1 million. He also said that approval of a spot bitcoin<span data-descr=\"exchange-traded fund\" class=\"old_tooltip\">ETF<\/span> would be one of the most important events for financial markets in the last 30 years.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MicroStrategy announced the purchase of a further 14,620 BTC for about $615.7 million.<\/p>\n","protected":false},"author":1,"featured_media":88778,"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":[18,1207],"class_list":["post-88777","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":"9","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/88777","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=88777"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/88777\/revisions"}],"predecessor-version":[{"id":88779,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/88777\/revisions\/88779"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/88778"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=88777"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=88777"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=88777"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}