{"id":3941,"date":"2024-12-09T15:03:11","date_gmt":"2024-12-09T15:03:11","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=3941"},"modified":"2024-12-09T15:03:11","modified_gmt":"2024-12-09T15:03:11","slug":"microstrategy-acquires-2-1b-worth-of-bitcoin-total-holdings-now-exceed-423000-btc","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=3941","title":{"rendered":"MicroStrategy Acquires $2.1B Worth of Bitcoin, Total Holdings Now Exceed 423,000 BTC"},"content":{"rendered":"<div>\n<p><strong>MicroStrategy<\/strong> (NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/MSTR#NASDAQ\">MSTR<\/a>) disclosed that it acquired 21,550 <strong>Bitcoin <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) for approximately $2.1 billion in the <a href=\"https:\/\/www.benzinga.com\/24\/12\/42344345\/how-microstrategy-etfs-are-powering-the-bitcoin-surge\">first week of December<\/a>.<\/p>\n<p><strong>What Happened: <\/strong>The company paid an average of $98,783 per Bitcoin, factoring in fees and expenses, <a href=\"https:\/\/assets.contentstack.io\/v3\/assets\/bltb564490bc5201f31\/blt81002dc8fb7c8644\/6756dfe8d8a11dc3c8ba968b\/form-8-k_12-09-2024.pdf\">according<\/a> to a filing with the U.S. Securities and Exchange Commission (SEC).<\/p>\n<p>The purchase was financed through the issuance and sale of 5,418,449 company shares, generating net proceeds of about $2.13 billion. <\/p>\n<p>MicroStrategy, led by Executive Chairman <strong>Michael Saylor<\/strong>, has expanded its bitcoin holdings to 423,650 BTC, valued at approximately $42 billion at current market prices.<\/p>\n<p>This total represents more than &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/12\/42391481\/microstrategy-acquires-21b-worth-of-bitcoin-total-holdings-now-exceed-423000-btc\" alt=\"MicroStrategy\" acquires worth of bitcoin total holdings now exceed btc>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>MicroStrategy (NASDAQ:MSTR) disclosed that it acquired 21,550 Bitcoin (CRYPTO: BTC) for approximately $2.1 billion in the first week of December. What Happened: The company paid an average of $98,783 per Bitcoin, factoring in fees and expenses, according to a filing with the U.S. Securities and Exchange Commission (SEC). The purchase was financed through the issuance [&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-3941","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\/3941","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=3941"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/3941\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3941"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3941"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3941"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}