{"id":4879,"date":"2024-12-30T15:17:39","date_gmt":"2024-12-30T15:17:39","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=4879"},"modified":"2024-12-30T15:17:39","modified_gmt":"2024-12-30T15:17:39","slug":"microstrategy-drops-another-209-million-on-bitcoin-extends-buying-streak-to-8-weeks","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=4879","title":{"rendered":"MicroStrategy Drops Another $209 Million On Bitcoin, Extends Buying Streak To 8 Weeks"},"content":{"rendered":"<div>\n<p><strong>MicroStrategy<\/strong> <strong>Inc<\/strong> (NASDAQ:<a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/stock\/MSTR#NASDAQ\">MSTR<\/a>) extends its <strong>Bitcoin<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) acquisition strategy, announcing on Monday its latest purchase of 2,138 BTC for approximately $209 million to bring the company\u2019s <a href=\"https:\/\/www.benzinga.com\/24\/12\/42665877\/microstrategy-to-hold-special-shareholder-vote-to-support-the-42-billion-bitcoin-acquisition-strategy\">total holdings to 446,400 BTC<\/a>.<\/p>\n<p><strong>What Happened: <\/strong>MicroStrategy\u2019s Executive Chairman <strong>Michael Saylor<\/strong> <a href=\"https:\/\/x.com\/saylor\/status\/1873716433919803868\">announced<\/a> the acquisition on <strong>X<\/strong>, having purchased the Bitcoin at an average price of $97,837 per coin.<\/p>\n<p>Saylor highlighted MicroStrategy\u2019s performance, noting a \u201cBTC Yield of 47.8% QTD and 74.1% YTD.\u201d <\/p>\n<p>As of Dec. 29, MicroStrategy\u2019s total Bitcoin holdings were acquired for about $27.9 billion at an average price of $62,428 per Bitcoin.<\/p>\n<p><strong>Also Read: <a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/12\/42720351\/ethereum-to-outperform-bitcoin-in-q1-2025-for-these-3-reasons-whale-trader-says\">Ethereum To Outperform Bitcoin &#8230;<\/a><\/strong><\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/cryptocurrency\/24\/12\/42723691\/microstrategy-drops-209-million-on-bitcoin-in-8-week-buying-blitz\" alt=\"MicroStrategy\" drops another million on bitcoin extends buying streak to weeks>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>MicroStrategy Inc (NASDAQ:MSTR) extends its Bitcoin (CRYPTO: BTC) acquisition strategy, announcing on Monday its latest purchase of 2,138 BTC for approximately $209 million to bring the company\u2019s total holdings to 446,400 BTC. What Happened: MicroStrategy\u2019s Executive Chairman Michael Saylor announced the acquisition on X, having purchased the Bitcoin at an average price of $97,837 per [&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-4879","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\/4879","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=4879"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/4879\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4879"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4879"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4879"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}