{"id":9807,"date":"2021-09-13T14:13:43","date_gmt":"2021-09-13T13:13:43","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=9807"},"modified":"2021-09-13T14:13:51","modified_gmt":"2021-09-13T13:13:51","slug":"microstrategy-increases-its-bitcoin-holding-with-an-additional-240m-purchase","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/microstrategy-increases-its-bitcoin-holding-with-an-additional-240m-purchase\/","title":{"rendered":"MicroStrategy increases its Bitcoin holding with an additional $240M purchase"},"content":{"rendered":"\n
MicroStrategy, a business intelligence firm<\/a> and corporate Bitcoin (BTC) whale, has boosted its BTC holding as revealed on Monday, its Q3 Bitcoin spend now stands at almost $420 million following this latest BTC acquisition.<\/h5>\n\n\n\n
\"MicroStrategy<\/figure>\n\n\n\n

MicroStrategy CEO Michael Saylor\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a> announced the purchase of 5,050 bitcoins for $242.9 million, or $48,099 per coin on average.<\/p>\n\n\n\n

MicroStrategy stated in a Form 8-K filing with the US Securities and Exchange Commission on Monday that it added 8,957 BTC to its corporate Bitcoin treasury in Q3 2021.<\/p>\n\n\n\n

MicroStrategy purchased 3,907 bitcoins<\/a> for $177 million between July 1 and August 23, as previously reported by Cointelegraph.<\/p>\n\n\n\n

Following the latest Bitcoin purchase, the business now owns about 114,042 BTC for a total purchase price of $3.16 billion.<\/p>\n\n\n\n

MicroStrategy's Bitcoin cost, including fees and other charges<\/a>, is around $27,713 per BTC, according to the Form 8-K form.<\/p>\n","protected":false},"excerpt":{"rendered":"

MicroStrategy, a business intelligence firm and corporate Bitcoin (BTC) whale, has boosted its BTC holding as revealed on Monday, its Q3 Bitcoin spend now stands at almost $420 million following this latest BTC acquisition. MicroStrategy CEO Michael Saylor announced the purchase of 5,050 bitcoins for $242.9 million, or $48,099 per coin on average. MicroStrategy stated […]<\/p>\n","protected":false},"author":12,"featured_media":9809,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[83],"tags":[152,539],"class_list":["post-9807","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin-news","tag-bitcoin","tag-microstrategy"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2021\/09\/MicroStrategy-increases-its-Bitcoin-holding-with-an-additional-240M-purchase-scaled.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/9807","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=9807"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/9807\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/9809"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=9807"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=9807"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=9807"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}