{"id":19357,"date":"2024-12-09T19:00:00","date_gmt":"2024-12-09T17:00:00","guid":{"rendered":"https:\/\/forklog.com\/en\/microstrategy-acquires-21550-btc-for-2-1-billion\/"},"modified":"2024-12-09T19:00:00","modified_gmt":"2024-12-09T17:00:00","slug":"microstrategy-acquires-21550-btc-for-2-1-billion","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/microstrategy-acquires-21550-btc-for-2-1-billion\/","title":{"rendered":"MicroStrategy Acquires 21,550 BTC for $2.1 Billion"},"content":{"rendered":"<p>MicroStrategy <a href=\"https:\/\/www.microstrategy.com\/press\/microstrategy-acquires-15400-btc-achieves-btc-yield-38-qtd-and-63-ytd-now-holds-402100-btc_12-02-2024\">has acquired<\/a> an additional 21,550 BTC for $2.1 billion, as announced by the company&#8217;s founder, Michael Saylor.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">MicroStrategy has acquired 21,550 BTC for ~$2.1 billion at ~$98,783 per <a href=\"https:\/\/twitter.com\/hashtag\/bitcoin?src=hash&#038;ref_src=twsrc%5Etfw\">#bitcoin<\/a> and has achieved BTC Yield of 43.2% QTD and 68.7% YTD. As of 12\/8\/2024, we hodl 423,650 <a href=\"https:\/\/twitter.com\/search?q=%24BTC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$BTC<\/a> acquired for ~$25.6 billion at ~$60,324 per bitcoin. <a href=\"https:\/\/twitter.com\/search?q=%24MSTR&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$MSTR<\/a> <a href=\"https:\/\/t.co\/8r7bFqMFof\">https:\/\/t.co\/8r7bFqMFof<\/a><\/p>\n<p>\u2014 Michael Saylor\u26a1\ufe0f (@saylor) <a href=\"https:\/\/twitter.com\/saylor\/status\/1866106687699964016?ref_src=twsrc%5Etfw\">December 9, 2024<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>According to a report filed with the U.S. Securities and Exchange Commission, the firm purchased the coins at an average price of $98,783.<\/p>\n<p>The yield for the last quarter was 43.2%, and for the year, it was 68.7%.<\/p>\n<p>At the time of writing, MicroStrategy holds 423,650 BTC, acquired for $25.6 billion ($60,324 per coin). Based on current rates, the company&#8217;s assets are valued at approximately $41.8 billion.<\/p>\n<p>Shares of MSTR are trading at $381, with a market capitalization of $85.32 billion.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"453\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/MSTR_2024-12-09_18-23-55-1024x453.png\" alt=\"MSTR_2024-12-09_18-23-55\" class=\"wp-image-247182\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/MSTR_2024-12-09_18-23-55-1024x453.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/MSTR_2024-12-09_18-23-55-300x133.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/MSTR_2024-12-09_18-23-55-768x340.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/MSTR_2024-12-09_18-23-55.png 1355w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Hourly chart of MSTR shares on Nasdaq. Data: <a href=\"https:\/\/ru.tradingview.com\/chart\/?symbol=NASDAQ%3AMSTR\">TradingView<\/a>.<\/figcaption><\/figure>\n<p>Throughout 2024, MicroStrategy&#8217;s stock has shown a fivefold increase in price compared to Bitcoin\u2014650.2% versus 123.1%. The company&#8217;s growth rate has surpassed that of the S&#038;P 500 index and Nvidia.<\/p>\n<p>Earlier, during a presentation to Microsoft&#8217;s board of directors, Saylor unveiled a Bitcoin strategy aimed at adding $5 trillion to the company&#8217;s market capitalization.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MicroStrategy has acquired an additional 21,550 BTC for $2.1 billion, as announced by the company&#8217;s founder, Michael Saylor. MicroStrategy has acquired 21,550 BTC for ~$2.1 billion at ~$98,783 per #bitcoin and has achieved BTC Yield of 43.2% QTD and 68.7% YTD. As of 12\/8\/2024, we hodl 423,650 $BTC acquired for ~$25.6 billion at ~$60,324 per [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":19356,"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":[18,1208,1207,1221],"class_list":["post-19357","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-michael-saylor","tag-microstrategy","tag-stocks"],"aioseo_notices":[],"amp_enabled":true,"views":"16","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/19357","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=19357"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/19357\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/19356"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=19357"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=19357"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=19357"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}