{"id":2444,"date":"2024-11-11T11:31:58","date_gmt":"2024-11-11T11:31:58","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=2444"},"modified":"2024-11-11T11:31:58","modified_gmt":"2024-11-11T11:31:58","slug":"michael-saylors-microstrategy-racks-up-over-10b-in-unrealized-profit-as-bitcoin-blows-past-82k","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=2444","title":{"rendered":"Michael Saylor&#8217;s MicroStrategy Racks Up Over $10B In Unrealized Profit As Bitcoin Blows Past $82K"},"content":{"rendered":"<div>\n<p><strong>Bitcoin<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) flew above $82,000 early Monday morning as the blistering rally sparked by <strong>Donald Trump&#8217;s<\/strong> presidential victory continued to bring riches to investors, particularly those with very large holdings.<\/p>\n<p><strong>What happened<\/strong>: <strong>MicroStrategy Inc.<\/strong> (NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/MSTR#NASDAQ\">MSTR<\/a>), the company that has pioneered Bitcoin\u2019s corporate adoption, saw the value of its stash swell past $20 billion, <a href=\"https:\/\/bitcointreasuries.net\/\">according <\/a>to data from bitcointreasuries.net.\u00a0<\/p>\n<p>At an average acquisition price of $9.904 billion, the firm was up more than $10 billion in profit on its Bitcoin investments.<\/p>\n<p><figure class=\"wp-block-table\"><\/p>\n<table>\n<tbody>\n<tr>\n<td><strong>Bitcoin Holdings<\/strong><\/td>\n<td><strong>Cost Price<\/strong><\/td>\n<td><strong>Current Market Value<\/strong><\/td>\n<td><strong>Paper Gains<\/strong><\/td>\n<\/tr>\n<tr>\n<td>252,220<\/td>\n<td>$9.904 billion<\/td>\n<td>$20.703 billion<\/td>\n<td>$10.796 billion<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n<p>MicroStrategy adopted &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/11\/41874605\/michael-saylors-microstrategy-racks-up-over-10b-in-unrealized-profit-as-bitcoin-blows-past\" alt=\"Michael\" saylor microstrategy racks up over in unrealized profit as bitcoin blows past>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin (CRYPTO: BTC) flew above $82,000 early Monday morning as the blistering rally sparked by Donald Trump&#8217;s presidential victory continued to bring riches to investors, particularly those with very large holdings. What happened: MicroStrategy Inc. (NASDAQ:MSTR), the company that has pioneered Bitcoin\u2019s corporate adoption, saw the value of its stash swell past $20 billion, according [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-2444","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/2444","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2444"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/2444\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2444"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2444"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2444"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}