{"id":16952,"date":"2024-09-13T16:06:02","date_gmt":"2024-09-13T13:06:02","guid":{"rendered":"https:\/\/forklog.com\/en\/microstrategy-acquires-18300-btc-for-1-1-billion\/"},"modified":"2024-09-13T16:06:02","modified_gmt":"2024-09-13T13:06:02","slug":"microstrategy-acquires-18300-btc-for-1-1-billion","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/microstrategy-acquires-18300-btc-for-1-1-billion\/","title":{"rendered":"MicroStrategy Acquires 18,300 BTC for $1.1 Billion"},"content":{"rendered":"<p>MicroStrategy has purchased an additional 18,300 BTC for approximately $1.11 billion, at a price of $60,408 per coin. This was announced by the company&#8217;s founder, Michael Saylor.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">MicroStrategy has acquired 18,300 BTC for ~$1.11 billion at ~$60,408 per <a href=\"https:\/\/twitter.com\/hashtag\/bitcoin?src=hash&#038;ref_src=twsrc%5Etfw\">#bitcoin<\/a> and has achieved BTC Yield of 4.4% QTD and 17.0% YTD. As of 9\/12\/2024, we hodl 244,800 <a href=\"https:\/\/twitter.com\/search?q=%24BTC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$BTC<\/a> acquired for ~$9.45 billion at ~$38,585 per bitcoin. <a href=\"https:\/\/twitter.com\/search?q=%24MSTR&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$MSTR<\/a> <a href=\"https:\/\/t.co\/WBBRSKxA1U\">https:\/\/t.co\/WBBRSKxA1U<\/a><\/p>\n<p>\u2014 Michael Saylor\u26a1\ufe0f (@saylor) <a href=\"https:\/\/twitter.com\/saylor\/status\/1834564555944481227?ref_src=twsrc%5Etfw\">September 13, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The company has submitted the relevant documents to the U.S. Securities and Exchange Commission.<\/p>\n<p>As of September 12, MicroStrategy holds 244,800 BTC, acquired for approximately $9.45 billion, or about $38,585 per coin. At the time of writing, these assets are valued at $14.15 billion.<\/p>\n<p>According to Saylor, the yield from holding the leading cryptocurrency has been 4.4% since the start of the quarter and 17% since the beginning of the year.<\/p>\n<p>In June, MicroStrategy <a href=\"https:\/\/forklog.com\/en\/news\/microstrategy-acquires-11931-btc-and-issues-800-million-in-shares\">acquired<\/a> 11,931 BTC for $785 million, using proceeds from convertible notes and excess cash. The company also issued $800 million in shares.<\/p>\n<p>Back in August, Saylor <a href=\"https:\/\/forklog.com\/en\/news\/michael-saylor-reveals-over-1-billion-in-bitcoin-holdings\">revealed<\/a> that he personally owns over $1 billion in digital gold.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MicroStrategy has purchased an additional 18,300 BTC for approximately $1.11 billion, at a price of $60,408 per coin. This was announced by the company&#8217;s founder, Michael Saylor. MicroStrategy has acquired 18,300 BTC for ~$1.11 billion at ~$60,408 per #bitcoin and has achieved BTC Yield of 4.4% QTD and 17.0% YTD. As of 9\/12\/2024, we hodl [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":16951,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,1208,1207],"class_list":["post-16952","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-michael-saylor","tag-microstrategy"],"aioseo_notices":[],"amp_enabled":true,"views":"54","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/16952","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=16952"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/16952\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/16951"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=16952"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=16952"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=16952"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}