{"id":2901,"date":"2024-11-18T16:47:47","date_gmt":"2024-11-18T16:47:47","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=2901"},"modified":"2024-11-18T16:47:47","modified_gmt":"2024-11-18T16:47:47","slug":"bitcoin-buyer-spree-microstrategy-acquires-4-6b-in-btc-metaplanet-issues-11-4m-in-bonds-to-fund-purchases","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=2901","title":{"rendered":"Bitcoin Buyer Spree: MicroStrategy Acquires $4.6B In BTC, Metaplanet Issues $11.4M In Bonds To Fund Purchases"},"content":{"rendered":"<div>\n<p><strong>MicroStrategy Inc.<\/strong> (NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/MSTR#NASDAQ\">MSTR<\/a>) has announced the acquisition of 51,780 <strong>Bitcoin <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) for approximately $4.6 billion, with an average price of <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/11\/41878981\/microstrategy-acquires-another-27200-bitcoin-worth-2-billion\">$88,627 per coin<\/a>.<\/p>\n<p><strong>What Happened: <\/strong>According to the company&#8217;s SEC <a href=\"https:\/\/assets.contentstack.io\/v3\/assets\/bltb564490bc5201f31\/bltc841ab65fe7d972b\/673b392ad908785dbba03616\/form_8-k_11-18-2024.pdf\">filing<\/a> on Monday, this purchase occurred between Nov. 11and Nov. 17, funded through proceeds from the issuance and sale of shares under its Sales Agreement.<\/p>\n<p>As of Nov. 17, MicroStrategy and its subsidiaries hold an aggregate of 331,200 BTC, acquired at a total purchase price of approximately $16.5 billion and an average cost of $49,874 per Bitcoin.<\/p>\n<p>MicroStrategy views Bitcoin as a <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/11\/41902155\/bitcoin-to-augment-gold-as-the-next-strategic-reserve-asset-says-expert\">strategic reserve asset<\/a>, offering exposure to digital assets as an <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/11\/41878981\/microstrategy-acquires-another-27200-bitcoin-worth-2-billion\">alternative &#8230;<\/a><\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/11\/42042019\/bitcoin-buyer-spree-microstrategy-acquires-4-6b-in-btc-metaplanet-issues-11-4m-in-bonds-to\" alt=\"Bitcoin\" buyer spree: microstrategy acquires in btc metaplanet issues bonds to fund purchases>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>MicroStrategy Inc. (NASDAQ:MSTR) has announced the acquisition of 51,780 Bitcoin (CRYPTO: BTC) for approximately $4.6 billion, with an average price of $88,627 per coin. What Happened: According to the company&#8217;s SEC filing on Monday, this purchase occurred between Nov. 11and Nov. 17, funded through proceeds from the issuance and sale of shares under its Sales [&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-2901","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\/2901","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=2901"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/2901\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2901"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2901"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2901"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}