{"id":21177,"date":"2024-12-10T11:56:37","date_gmt":"2024-12-10T11:56:37","guid":{"rendered":"https:\/\/metaverseplanet.net\/blog\/?p=21177"},"modified":"2025-12-29T11:46:49","modified_gmt":"2025-12-29T11:46:49","slug":"microstrategy-continues-to-buy-bitcoin","status":"publish","type":"post","link":"https:\/\/metaverseplanet.net\/blog\/microstrategy-continues-to-buy-bitcoin\/","title":{"rendered":"MicroStrategy Continues to Buy Bitcoin"},"content":{"rendered":"\n

MicroStrategy<\/strong>, the largest institutional Bitcoin (BTC)<\/a><\/em> investor<\/strong>, continues expanding its cryptocurrency portfolio. The company, founded by Michael Saylor<\/strong>, a well-known cryptocurrency supporter<\/strong>, recently announced a significant Bitcoin purchase totaling $2.1 billion<\/strong>.<\/p>\n\n\n\n

MicroStrategy\u2019s Bitcoin Acquisition Strategy<\/strong><\/h2>\n\n\n\n
\"MicroStrategy<\/figure>\n\n\n\n

Founded by Michael J. Saylor<\/strong> in 1989, MicroStrategy became publicly traded in 1998. However, the company\u2019s global recognition stems from its active participation in the cryptocurrency market<\/strong>, particularly its aggressive Bitcoin purchasing strategy<\/strong>.<\/p>\n\n\n\n

Despite sharp market downturns, MicroStrategy consistently buys Bitcoin, adhering to its long-term investment strategy. The company\u2019s unwavering belief in Bitcoin’s future value sets it apart in the institutional investment world.<\/p>\n\n\n\n

Latest Bitcoin Purchase Details<\/strong><\/h2>\n\n\n\n
\"\"<\/figure>\n\n\n\n

According to a filing submitted to the U.S. Securities and Exchange Commission (SEC)<\/strong> and a statement published on its official website, MicroStrategy purchased an additional 21,550 BTC<\/strong> between Dec. 2 and Dec. 8, 2024<\/strong>, for a total of $2.1 billion<\/strong>. The average purchase cost<\/strong> was $98,783 per BTC<\/strong>.<\/p>\n\n\n\n

With this acquisition, MicroStrategy’s total Bitcoin holdings<\/strong> rose to 423,650 BTC<\/strong>, valued at approximately $25.6 billion<\/strong> based on the average purchase price of $60,324 per BTC<\/strong>.<\/p>\n\n\n\n

Current Bitcoin Market Price<\/strong><\/h2>\n\n\n\n
\"\"<\/figure>\n\n\n\n

At the time of writing, Bitcoin’s price<\/strong> stands at $97,846<\/strong>, reflecting the company\u2019s continued confidence in the cryptocurrency\u2019s long-term potential. MicroStrategy\u2019s strategic approach reinforces its position as a key player in the global cryptocurrency investment ecosystem<\/strong>.<\/p>\n\n\n\n\n

    <\/ul>","protected":false},"excerpt":{"rendered":"

    MicroStrategy, the largest institutional Bitcoin (BTC) investor, continues expanding its cryptocurrency portfolio. The company, founded by Michael Saylor, a well-known cryptocurrency supporter, recently announced a significant Bitcoin purchase totaling $2.1 billion. MicroStrategy\u2019s Bitcoin Acquisition Strategy Founded by Michael J. Saylor in 1989, MicroStrategy became publicly traded in 1998. However, the company\u2019s global recognition stems from …<\/p>\n","protected":false},"author":1,"featured_media":14726,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"googlesitekit_rrm_CAown96uCw:productID":"","footnotes":""},"categories":[309],"tags":[317],"class_list":["post-21177","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-web3new","tag-crypto-news"],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/posts\/21177","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/comments?post=21177"}],"version-history":[{"count":1,"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/posts\/21177\/revisions"}],"predecessor-version":[{"id":41850,"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/posts\/21177\/revisions\/41850"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/media\/14726"}],"wp:attachment":[{"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/media?parent=21177"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/categories?post=21177"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/metaverseplanet.net\/blog\/wp-json\/wp\/v2\/tags?post=21177"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}