{"id":12063,"date":"2021-09-13T16:54:06","date_gmt":"2021-09-13T16:54:06","guid":{"rendered":"https:\/\/www.buyucoin.com\/crypto-labs\/microstrategy-buys-5050-more-bitcoins-now-hodls-114042-btc\/"},"modified":"2021-09-13T16:54:06","modified_gmt":"2021-09-13T16:54:06","slug":"microstrategy-buys-5050-more-bitcoins-now-hodls-114042-btc","status":"publish","type":"post","link":"https:\/\/www.buyucoin.com\/crypto-labs\/microstrategy-buys-5050-more-bitcoins-now-hodls-114042-btc\/","title":{"rendered":"Microstrategy Buys 5,050 More Bitcoins, Now Hodls 114,042 BTC"},"content":{"rendered":"<p><strong>Nasdaq-listed Microstrategy has purchased 5,050 more bitcoins for $243 million, raising its total bitcoin holdings to 114,042 coins.<\/strong><\/p>\n<h2>Microstrategy Continues to Grow Its Bitcoin Stash<\/h2>\n<p>The pro-bitcoin software company Microstrategy announced Monday that it has purchased more bitcoins. CEO Michael Saylor tweeted:<\/p>\n<p>Microstrategy has purchased an additional 5,050 bitcoins for ~$242.9 million in cash at an average price of ~$48,099 per bitcoin. As of 9\/12\/21 we hodl ~114,042 bitcoins acquired for ~$3.16 billion at an average price of ~$27,713 per bitcoin.<\/p>\n<p><!-- growjs zone placement 31 -->    <!-- end of growjs zone placement --> <\/p>\n<p>The company also informed the U.S. Securities and Exchange Commission (SEC) about its bitcoin purchase Monday. The filing <a href=\"https:\/\/www.microstrategy.com\/content\/dam\/website-assets\/collateral\/financial-documents\/financial-document-archive\/form-8-k_09-13-2021.pdf\">states<\/a> that in the third quarter Microstrategy \u201cpurchased approximately 8,957 bitcoins for approximately $419.9 million in cash, at an average price of approximately $46,875 per bitcoin, inclusive of fees and expenses.\u201d<\/p>\n<p>The 8,957 <a class=\"lar-automated-link\" href=\"https:\/\/markets.bitcoin.com\/crypto\/BTC\">BTC<\/a> figure includes the 3,907 <a class=\"lar-automated-link\" href=\"https:\/\/markets.bitcoin.com\/crypto\/BTC\">BTC<\/a> purchase that was <a href=\"https:\/\/news.bitcoin.com\/microstrategy-buys-3907-more-bitcoins-company-now-hodls-108992-btc\/\">announced<\/a> in August.<\/p>\n<p>Last week, Saylor <a href=\"https:\/\/news.bitcoin.com\/microstrategy-avoids-multi-billion-dollar-mistake-choosing-bitcoin-over-gold\/\">revealed<\/a> that his company avoided \u201ca multi-billion dollar mistake\u201d by choosing to invest in bitcoin instead of gold.<\/p>\n<p><em><strong>What do you think about Microstrategy acquiring all these coins? Let us know in the comments section below.<\/strong><\/em><\/p>\n<p>Bitcoin News<br \/>\nFinance, microstrategy, microstrategy bitcoin, microstrategy bitcoin holdings, microstrategy btc, microstrategy buys bitcoin, microstrategy crypto<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nasdaq-listed Microstrategy has purchased 5,050 more bitcoins for $243 million, raising its total bitcoin holdings to 114,042 coins. Microstrategy Continues to Grow Its Bitcoin Stash The pro-bitcoin software company Microstrategy announced Monday that it has purchased more bitcoins. CEO Michael Saylor tweeted: Microstrategy has purchased an additional 5,050 bitcoins for ~$242.9 million in cash at&hellip;<\/p>\n","protected":false},"author":0,"featured_media":12064,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[53,3],"tags":[],"class_list":["post-12063","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain-news","category-coin-news"],"_links":{"self":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts\/12063"}],"collection":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/comments?post=12063"}],"version-history":[{"count":0,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts\/12063\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/media\/12064"}],"wp:attachment":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/media?parent=12063"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/categories?post=12063"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/tags?post=12063"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}