{"id":2452,"date":"2024-11-11T14:18:11","date_gmt":"2024-11-11T14:18:11","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=2452"},"modified":"2024-11-11T14:18:11","modified_gmt":"2024-11-11T14:18:11","slug":"microstrategy-acquires-another-27200-bitcoin-worth-2-billion","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=2452","title":{"rendered":"MicroStrategy Acquires Another 27,200 Bitcoin Worth $2 Billion"},"content":{"rendered":"<div>\n<p><strong>MicroStrategy Inc.<\/strong> (NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/MSTR#NASDAQ\">MSTR<\/a>) on Monday announced it has purchased 27,200 <strong>Bitcoin <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) for approximately $2.03 billion in cash over a ten-day period between Oct. 31 and Nov. 10, this year. <\/p>\n<p><strong>What Happened:<\/strong>The acquisition was completed at an average price of $74,463 per Bitcoin, inclusive of fees and expenses.<\/p>\n<p>With the new purchase, MicroStrategy now holds a total of 279,420 Bitcoin at an aggregate purchase price of approximately $11.9 billion, averaging $42,692 per Bitcoin.<\/p>\n<p>This latest acquisition was financed through the proceeds from recent stock sales under two agreements with financial institutions, including TD Securities and Barclays, the company <a href=\"https:\/\/www.microstrategy.com\/press\/microstrategy-announces-btc-atm-activity-raised-2-billion-purchased-27200-btc-now-holds-279420-btc-with-btc-yield-of-26-ytd\">stated<\/a> in a release.<\/p>\n<p>Through these agreements, MicroStrategy raised $2.03 billion by issuing and selling shares, a strategy that executive &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/11\/41878981\/microstrategy-acquires-another-27200-bitcoin-worth-2-billion\" alt=\"MicroStrategy\" acquires another bitcoin worth billion>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>MicroStrategy Inc. (NASDAQ:MSTR) on Monday announced it has purchased 27,200 Bitcoin (CRYPTO: BTC) for approximately $2.03 billion in cash over a ten-day period between Oct. 31 and Nov. 10, this year. What Happened:The acquisition was completed at an average price of $74,463 per Bitcoin, inclusive of fees and expenses. With the new purchase, MicroStrategy now [&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-2452","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\/2452","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=2452"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/2452\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2452"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2452"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2452"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}