{"id":5298,"date":"2025-01-03T03:08:38","date_gmt":"2025-01-03T03:08:38","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=5298"},"modified":"2025-01-03T03:08:38","modified_gmt":"2025-01-03T03:08:38","slug":"microstrategy-bold-moves-doubles-down-by-acquiring-2138-more-bitcoins-at-97837-each","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=5298","title":{"rendered":"MicroStrategy Bold Moves: Doubles Down by Acquiring 2,138 More Bitcoins at $97,837 Each"},"content":{"rendered":"<div>\n<p class=\"p1\">As 2025 Bitcoin predictions juice up, Michael Saylor is doubling-down after Microstrategy (MSTR) defied the crypto crash to buy 2,138 more Bitcoin at $97.83k.<\/p>\n<p class=\"p1\">According to an 8-K form from MicroStrategy to the SEC, this recent purchase, completed at an average price of $97,837 per Bitcoin, totals approximately $209 million.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-186859\" src=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2024\/12\/Screen-Shot-2024-12-30-at-9.45.57-PM.png\" alt=\"MicroStrategy Elevates Its Crypto Game, Adding Significant Bitcoin Holdings. A strategic Move?\" width=\"774\" height=\"153\" srcset=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2024\/12\/Screen-Shot-2024-12-30-at-9.45.57-PM.png 774w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2024\/12\/Screen-Shot-2024-12-30-at-9.45.57-PM-300x59.png 300w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2024\/12\/Screen-Shot-2024-12-30-at-9.45.57-PM-768x152.png 768w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2024\/12\/Screen-Shot-2024-12-30-at-9.45.57-PM-50x10.png 50w\" sizes=\"auto, (max-width: 774px) 100vw, 774px\"><\/p>\n<p style=\"text-align: left;\"><a class=\"general-link\" href=\"https:\/\/www.microstrategy.com\/press\/microstrategy-acquires-2138-btc-achieves-btc-yield-of-47-qtd-74-ytd-now-holds-446400-btc_12-30-2024\" target=\"_blank\" rel=\"nofollow noopener\">(<\/a><a class=\"general-link\" href=\"https:\/\/www.microstrategy.com\/press\/microstrategy-acquires-2138-btc-achieves-btc-yield-of-47-qtd-74-ytd-now-holds-446400-btc_12-30-2024\" target=\"_blank\" rel=\"nofollow noopener\">Source<\/a><a class=\"general-link\" href=\"https:\/\/www.microstrategy.com\/press\/microstrategy-acquires-2138-btc-achieves-btc-yield-of-47-qtd-74-ytd-now-holds-446400-btc_12-30-2024\" target=\"_blank\" rel=\"nofollow noopener\">)<\/a><\/p>\n<h2 class=\"p1\">MicroStrategy Elevates Its Crypto Game, Adding Significant Bitcoin Holdings. A Strategic Move?<\/h2>\n<p class=\"p1\">MicroStrategy\u2019s latest <\/p>\n<style>\n    .cwp-coin-chart svg path {\n        stroke: ;\n        stroke-width: ;<\/p>\n<p>    }\n<\/style>\n<p>    <span class=\"cwp-coin-widget-container\" data-id=\"btc-bitcoin\" id=\"coin_widget_id_677704136917a\"><\/p>\n<p>        <!-- name of the coin in the text --><br \/>\n        <span class=\"cwp-coin-widget-wrapper\" data-id=\"btc-bitcoin\"><br \/>\n            <span class=\"cwp-coin-widget-holder \" style=\"background: #e0e0e0; \"><br \/>\n                <span class=\"cwp-coin-name\" data-id=\"btc-bitcoin\"><br \/>\n                    <span class=\"cwp-coin-icon \"><img decoding=\"async\" src=\"https:\/\/cryptify-platform-dev.clickoutmedia.tech\/icons\/btc-bitcoin.png\" alt=\"btc-bitcoin icon\" width=\"16px\" height=\"16px\"><\/span><br \/>\n                    <span class=\"cwp-coin-label \"><\/span><br \/>\n                    <span class=\"cwp-coin-symbol hidden\"><\/span><\/p>\n<p>                    <span class=\"cwp-coin-trend-holder\"><br \/>\n                        <span class=\"cwp-coin-price hidden\"><\/span><br \/>\n                    <\/span><br \/>\n                    <span class=\"cwp-coin-trend-holder\"><br \/>\n                        <span class=\"cwp-coin-trend \"><\/span><br \/>\n                    <\/span><\/p>\n<p>                <\/span><br \/>\n            <\/span><br \/>\n        <\/span><\/p>\n<p>        <!-- popup with basic info about the coin --><br \/>\n        <span class=\"cwp-coin-popup-wrapper \" data-id=\"btc-bitcoin\" style=\"\"><br \/>\n            <span class=\"cwp-coin-popup-holder\"><br \/>\n                <span class=\"cwp-coin-name\"><br \/>\n                    <span class=\"cwp-coin-icon\"><img decoding=\"async\" src=\"https:\/\/cryptify-platform-dev.clickoutmedia.tech\/icons\/btc-bitcoin.png\" alt=\"btc-bitcoin icon\"><\/span><br \/>\n                    <span class=\"cwp-coin-popup-name\"><\/span><br \/>\n                    <span class=\"cwp-coin-popup-symbol\"><\/span><br \/>\n                <\/span><br \/>\n                <span class=\"cwp-coin-price\"><br \/>\n                    <span class=\"cwp-coin-price-title\">Price<\/span><br \/>\n                    <span class=\"cwp-coin-price-holder\"><br \/>\n                        <span class=\"cwp-coin-price-value\"><\/span><br \/>\n                        <span class=\"cwp-coin-trend-holder\"><br \/>\n                            <span class=\"cwp-coin-trend\"><\/span><br \/>\n                        <\/span><br \/>\n                    <\/span><br \/>\n                <\/span><br \/>\n                <span class=\"cwp-coin-volume\"><br \/>\n                    <span class=\"cwp-coin-price-holder\"><br \/>\n                        <span class=\"cwp-coin-volume-title\">Trading volume in 24h<\/span><\/p>\n<p>                    <\/span><br \/>\n                    <span class=\"cwp-coin-volume-value\"><\/span><br \/>\n                    <!-- <span class=\"cwp-coin-trend-holder\">\n                        <span class=\"cwp-coin-trend\">?<\/span> \n                    <\/span>                     --><br \/>\n                <\/span><br \/>\n                <span class=\"cwp-coin-chart\"><br \/>\n                    <span class=\"cwp-graph-title\">Last 7d price movement<\/span><br \/>\n                    <span class=\"cwp-graph-container\"><\/span><br \/>\n                <\/span><\/p>\n<p>            <\/span>           <\/p>\n<p>        <\/span><br \/>\n    <\/span><\/p>\n<p> acquisition, carried out between December 23 and December 29, 2024, reflects the company\u2019s ongoing strategy to diversify its treasury reserve assets with cryptocurrency.<\/p>\n<p class=\"p1\">This move isn\u2019t just about investing; it\u2019s a bold statement of confidence in Bitcoin\u2019s long-term value proposition. Under the guidance of Michael Saylor, MicroStrategy\u2019s executive chairman, the company has been aggressively accumulating Bitcoin since 2020, viewing it as a hedge against inflation and a cornerstone for its corporate treasury strategy.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\"><a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\">#Bitcoin<\/a> is a swarm of cyber hornets serving the goddess of wisdom, feeding on the fire of truth, exponentially growing ever smarter, faster, and stronger behind a wall of encrypted energy.<\/p>\n<p>\u2014 Michael Saylor<img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/26a1.png\" alt=\"\u26a1\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> (@saylor) <a href=\"https:\/\/twitter.com\/saylor\/status\/1307029562321231873?ref_src=twsrc%5Etfw\">September 18, 2020<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p class=\"p1\">With this acquisition, MicroStrategy now holds 446,400 Bitcoins, which, at current market prices, values their stash at around $41.8 billion.<\/p>\n<p class=\"p1\">This latest purchase was funded by selling MicroStrategy shares, showcasing how the company leverages its equity to expand its Bitcoin holdings.<\/p>\n<p class=\"p1\">The average purchase price of their entire Bitcoin portfolio now stands at approximately $62,428 per coin, indicating a significant unrealized gain if we compare it with the current Bitcoin price.<\/p>\n<p><strong><span data-preserver-spaces=\"true\">DISCOVER: <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/best-ai-crypto-coins\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">11 Best AI Crypto Coins to Invest in 2024<\/span><\/a><\/strong><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-186867\" src=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2024\/12\/BTCUSD_2024-12-30_21-50-59.jpg\" alt=\"MicroStrategy Elevates Its Crypto Game, Adding Significant Bitcoin Holdings. A strategic Move?\" width=\"1480\" height=\"869\" srcset=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2024\/12\/BTCUSD_2024-12-30_21-50-59.jpg 1480w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2024\/12\/BTCUSD_2024-12-30_21-50-59-300x176.jpg 300w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2024\/12\/BTCUSD_2024-12-30_21-50-59-1024x601.jpg 1024w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2024\/12\/BTCUSD_2024-12-30_21-50-59-768x451.jpg 768w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2024\/12\/BTCUSD_2024-12-30_21-50-59-50x29.jpg 50w\" sizes=\"auto, (max-width: 1480px) 100vw, 1480px\"><\/p>\n<p style=\"text-align: center;\">MicroStrategy\u2019s Latest Buying period during 23rd trough 29th of December, 2024<\/p>\n<p class=\"p1\">MicroStrategy aims to protect against currency devaluation and benefit from Bitcoin\u2019s potential for appreciation. This approach has redefined how corporations view digital assets and influenced other companies to consider similar strategies.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<p class=\"p1\">Moreover, MicroStrategy has introduced the concept of \u201cBitcoin Yield,\u201d a key performance indicator that measures the change in its Bitcoin holdings relative to its diluted shares.<\/p>\n<p class=\"p1\">This metric showcases how effectively the company uses equity to acquire Bitcoin, providing a new lens through which investors can view the company\u2019s performance.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">My recent discussion with <a href=\"https:\/\/twitter.com\/maddireidy?ref_src=twsrc%5Etfw\">@MaddiReidy<\/a> includes an elaborate review of MicroStrategy, <a href=\"https:\/\/twitter.com\/hashtag\/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw\">#Bitcoin<\/a> strategy, BTC yield, fixed income opportunities, and digital capital. <a href=\"https:\/\/t.co\/XceN8nlV48\">pic.twitter.com\/XceN8nlV48<\/a><\/p>\n<p>\u2014 Michael Saylor<img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/15.0.3\/72x72\/26a1.png\" alt=\"\u26a1\" class=\"wp-smiley\" style=\"height: 1em; max-height: 1em;\"> (@saylor) <a href=\"https:\/\/twitter.com\/saylor\/status\/1847012566331281476?ref_src=twsrc%5Etfw\">October 17, 2024<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2 class=\"p1\">MicroStrategy Bets on Bitcoin and Its Market Influence<\/h2>\n<p class=\"p1\">This latest purchase signals that MicroStrategy is not slowing down on its Bitcoin acquisition journey. With plans to continue this strategy, the company might soon approach or even surpass the 500,000 Bitcoin mark.<\/p>\n<p class=\"p1\">This would represent nearly 2.5% of the total supply of Bitcoin that will ever exist. This move could potentially influence Bitcoin\u2019s market dynamics and its perception as a viable corporate asset.<\/p>\n<p class=\"p1\">MicroStrategy\u2019s actions have ripple effects across the crypto market. By publicly backing Bitcoin, they provide a form of validation that can attract more institutional investors.<\/p>\n<p class=\"p1\">Their strategy has been a talking point for how businesses can integrate cryptocurrencies into their financial strategies. Furthermore, it drives the potential of Bitcoin as a reserve asset in corporate treasuries.<\/p>\n<p class=\"p1\">MicroStrategy\u2019s acquisition of 2,138 Bitcoins underscores a continuing trend of corporate adoption of cryptocurrencies. This step highlights MicroStrategy\u2019s commitment to Bitcoin and influences market sentiment, making Bitcoin increasingly relevant in mainstream finance.<\/p>\n<p><strong><span data-preserver-spaces=\"true\">EXPLORE:\u00a0<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/99bitcoins.com\/news\/weekly-round-up-ukraine-bitcoin-illegal-coinbase-50-million-founding-round\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">Ukraine deems Bitcoin illegal, Coinbase fights for new $50 million\u00a0<\/span><span data-preserver-spaces=\"true\">founding<\/span><span data-preserver-spaces=\"true\">\u00a0round and more<\/span><\/a><\/strong><\/p>\n<p><a href=\"https:\/\/discord.gg\/QneEHUjm\" target=\"_blank\" rel=\"nofollow noopener nofollow nofollow nofollow nofollow nofollow nofollow nofollow nofollow nofollow nofollow nofollow nofollow nofollow\"><b>Join The 99Bitcoins News Discord Here For The Latest Market Updates<\/b><\/a><\/p>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/bitcoin-btc\/microstrategy-bold-moves-doubles-down-by-acquiring-2138-more-bitcoins-at-97837-each\/\">MicroStrategy Bold Moves: Doubles Down by Acquiring 2,138 More Bitcoins at $97,837 Each<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>As 2025 Bitcoin predictions juice up, Michael Saylor is doubling-down after Microstrategy (MSTR) defied the crypto crash to buy 2,138 more Bitcoin at $97.83k. According to an 8-K form from MicroStrategy to the SEC, this recent purchase, completed at an average price of $97,837 per Bitcoin, totals approximately $209 million. (Source) MicroStrategy Elevates Its Crypto [&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-5298","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\/5298","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=5298"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/5298\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5298"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5298"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5298"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}