{"id":4648,"date":"2024-12-23T20:47:55","date_gmt":"2024-12-23T20:47:55","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=4648"},"modified":"2024-12-23T20:47:55","modified_gmt":"2024-12-23T20:47:55","slug":"microstrategy-sinks-after-nasdaq-100-inclusion-bitcoin-bet-under-fire","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=4648","title":{"rendered":"MicroStrategy Sinks After Nasdaq 100 Inclusion: Bitcoin Bet Under Fire?"},"content":{"rendered":"<div>\n<p>Shares of <strong>MicroStrategy Inc. <\/strong>(NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/MSTR#NASDAQ\">MSTR<\/a>) fell more than 8.5% Monday, marking a rough debut to its nascent tenure <a href=\"https:\/\/www.benzinga.com\/24\/12\/42656254\/tech-stocks-eye-christmas-gains-microstrategy-tumbles-as-bitcoin-dips-to-93000-whats-driving-markets-monday\">among the Nasdaq 100. <\/a><\/p>\n<p>The software company and top corporate <strong>Bitcoin<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) holder has struggled lately, logging its fifth losing session in the past six sessions and plunging over 37% since its all-time high last month.<\/p>\n<h3 class=\"wp-block-heading\">Why Is MicroStrategy Falling?<\/h3>\n<p>On Monday, MicroStrategy announced it sold $561 million in common stock to purchase an additional 5,262 Bitcoins at an average price of $106,662 per coin. This brings the company&#8217;s total Bitcoin holdings to a staggering 444,262 BTC.<\/p>\n<p>Yet, both the size and the timing of this purchase raised eyebrows among traders and analysts. <\/p>\n<p>The latest Bitcoin purchase was <strong>Michael Saylor<\/strong>\u2018s smallest to date. It\u2019s a sharp contrast to the bold, big-ticket acquisitions that have defined his crypto strategy thus far.<\/p>\n<p>The average price paid for the new Bitcoin stash is roughly 12% above current &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/analyst-ratings\/analyst-color\/24\/12\/42660092\/microstrategy-sinks-after-nasdaq-100-inclusion-bitcoin-bet-under-fire\" alt=\"MicroStrategy\" sinks after nasdaq inclusion: bitcoin bet under fire>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Shares of MicroStrategy Inc. (NASDAQ:MSTR) fell more than 8.5% Monday, marking a rough debut to its nascent tenure among the Nasdaq 100. The software company and top corporate Bitcoin (CRYPTO: BTC) holder has struggled lately, logging its fifth losing session in the past six sessions and plunging over 37% since its all-time high last month. [&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-4648","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\/4648","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=4648"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/4648\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4648"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4648"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4648"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}