{"id":15329,"date":"2022-12-28T18:57:55","date_gmt":"2022-12-28T18:57:55","guid":{"rendered":"https:\/\/coingrafter.com\/index.php\/2022\/12\/28\/microstrategy-buys-another-56-4-million-worth-of-bitcoin\/"},"modified":"2022-12-28T18:57:55","modified_gmt":"2022-12-28T18:57:55","slug":"microstrategy-buys-another-56-4-million-worth-of-bitcoin","status":"publish","type":"post","link":"https:\/\/coingrafter.com\/index.php\/2022\/12\/28\/microstrategy-buys-another-56-4-million-worth-of-bitcoin\/","title":{"rendered":"MicroStrategy buys another $56.4 million worth of Bitcoin"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1672246213516-87253072-e64d-494f-9908-22c63c7d69f7-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1672246213516-87253072-e64d-494f-9908-22c63c7d69f7-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1672246213516-87253072-e64d-494f-9908-22c63c7d69f7-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/1970\/01\/1672246213516-87253072-e64d-494f-9908-22c63c7d69f7-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/><img decoding=\"async\" loading=\"lazy\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/1970\/01\/1672246213516-87253072-e64d-494f-9908-22c63c7d69f7.jpg\" alt=\"\" width=\"100%\" height=\"100%\"\/>\n<\/picture>\n                    <\/div>\n<ul>\n<li dir=\"ltr\"><em><strong>MicroStrategy reportedly purchased roughly 2,500 BTC between 1 November and 24 December, 2022.<\/strong><\/em><\/li>\n<li dir=\"ltr\"><em><strong>The firm now holds 132,500 BTC acquired for roughly $4.03 billion.<\/strong><\/em><\/li>\n<li dir=\"ltr\"><strong><em>MicroStrategy did nonetheless promote 704 BTC for $11.8 million on 22 December for what it termed as tax advantages.<\/em><\/strong><\/li>\n<\/ul>\n<p dir=\"ltr\">MicroStrategy, a publicly traded firm that\u2019s the world\u2019s largest company holder of <a href=\"https:\/\/coinjournal.net\/bitcoin\/\">Bitcoin<\/a>, has reported shopping for extra of the flagship cryptocurrency even because the market hit turbulence starting early November.<\/p>\n<p dir=\"ltr\">As per the <a href=\"https:\/\/www.microstrategy.com\/content\/dam\/website-assets\/collateral\/financial-documents\/financial-document-archive\/form-8-k-12-28-2022.pdf\" rel=\"noopener noreferrer\" target=\"_blank\">filing<\/a> submitted on 28 December to the US Securities and Exchange Commission (SEC), MicroStrategy says it bought an extra 2,500 bitcoins between 1 November and 24 December, 2022.\u00a0<\/p>\n<p dir=\"ltr\">Altogether, the software program analytics and enterprise intelligence agency bought Bitcoin worth roughly $56.4 million in almost two months and $4.03 billion in complete.<\/p>\n<h2 dir=\"ltr\">MicroStrategy now holds 132, 500 bitcoins<\/h2>\n<p dir=\"ltr\">As crypto navigated the turmoil brought on by FTX\u2019s collapse that had crypto worth tapping new multi-year lows, MicroStrategy noticed a chance to <a href=\"https:\/\/coinjournal.net\/bitcoin\/buy\/\">buy Bitcoin<\/a>. In quick, the corporate added 2,395 bitcoins worth $42.8 million to its holdings between 1 November and 21 December, 2022.<\/p>\n<p dir=\"ltr\">The complete BTC acquisition on this interval value the agency $42.8 million at a median buy worth of $17,871 per coin.<\/p>\n<p dir=\"ltr\">On 22 December, 2022, MicroStrategy offered 704 bitcoins for $11.8 million. According to the corporate, the sale was at a median worth of $16,776 per coin. Although the sale was at a loss, the corporate plans to offset the capital losses in opposition to capital good points made earlier.<\/p>\n<p dir=\"ltr\">Despite the BTC sale, MicroStrategy went to the market once more on 24 December 2022. It purchased another 810 bitcoins at a median worth of $16,845 and for a complete outlay of $13.6 million. By 27 December 2022, the corporate had added 2,500 bitcoins at a complete value of $56.4 million.\u00a0<\/p>\n<p dir=\"ltr\">As of this report, MicroStrategy had elevated its Bitcoin holdings from 130,000 BTC on the finish of October to 132,500 bitcoins by 27 December, 2022.<\/p>\n<p dir=\"ltr\">The current purchases means MicroStrategy has spent $4.03 billion on buying BTC since its first buy in 2020. The cash\u2019 common buy worth at the moment stands at $30,397 per bitcoin.\u00a0<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this text<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/microstrategy-buys-another-2500-btc-to-bring-total-to-132500\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] MicroStrategy reportedly purchased roughly 2,500 BTC between 1 November and 24 December, 2022. The firm now holds 132,500 BTC acquired for roughly $4.03 billion. MicroStrategy did nonetheless promote 704 BTC for $11.8 million on 22 December for what it termed as tax advantages. MicroStrategy, a publicly traded firm that\u2019s the world\u2019s largest company holder [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":15331,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ocean_post_layout":"","ocean_both_sidebars_style":"","ocean_both_sidebars_content_width":0,"ocean_both_sidebars_sidebars_width":0,"ocean_sidebar":"","ocean_second_sidebar":"","ocean_disable_margins":"enable","ocean_add_body_class":"","ocean_shortcode_before_top_bar":"","ocean_shortcode_after_top_bar":"","ocean_shortcode_before_header":"","ocean_shortcode_after_header":"","ocean_has_shortcode":"","ocean_shortcode_after_title":"","ocean_shortcode_before_footer_widgets":"","ocean_shortcode_after_footer_widgets":"","ocean_shortcode_before_footer_bottom":"","ocean_shortcode_after_footer_bottom":"","ocean_display_top_bar":"default","ocean_display_header":"default","ocean_header_style":"","ocean_center_header_left_menu":"","ocean_custom_header_template":"","ocean_custom_logo":0,"ocean_custom_retina_logo":0,"ocean_custom_logo_max_width":0,"ocean_custom_logo_tablet_max_width":0,"ocean_custom_logo_mobile_max_width":0,"ocean_custom_logo_max_height":0,"ocean_custom_logo_tablet_max_height":0,"ocean_custom_logo_mobile_max_height":0,"ocean_header_custom_menu":"","ocean_menu_typo_font_family":"","ocean_menu_typo_font_subset":"","ocean_menu_typo_font_size":0,"ocean_menu_typo_font_size_tablet":0,"ocean_menu_typo_font_size_mobile":0,"ocean_menu_typo_font_size_unit":"px","ocean_menu_typo_font_weight":"","ocean_menu_typo_font_weight_tablet":"","ocean_menu_typo_font_weight_mobile":"","ocean_menu_typo_transform":"","ocean_menu_typo_transform_tablet":"","ocean_menu_typo_transform_mobile":"","ocean_menu_typo_line_height":0,"ocean_menu_typo_line_height_tablet":0,"ocean_menu_typo_line_height_mobile":0,"ocean_menu_typo_line_height_unit":"","ocean_menu_typo_spacing":0,"ocean_menu_typo_spacing_tablet":0,"ocean_menu_typo_spacing_mobile":0,"ocean_menu_typo_spacing_unit":"","ocean_menu_link_color":"","ocean_menu_link_color_hover":"","ocean_menu_link_color_active":"","ocean_menu_link_background":"","ocean_menu_link_hover_background":"","ocean_menu_link_active_background":"","ocean_menu_social_links_bg":"","ocean_menu_social_hover_links_bg":"","ocean_menu_social_links_color":"","ocean_menu_social_hover_links_color":"","ocean_disable_title":"default","ocean_disable_heading":"default","ocean_post_title":"","ocean_post_subheading":"","ocean_post_title_style":"","ocean_post_title_background_color":"","ocean_post_title_background":0,"ocean_post_title_bg_image_position":"","ocean_post_title_bg_image_attachment":"","ocean_post_title_bg_image_repeat":"","ocean_post_title_bg_image_size":"","ocean_post_title_height":0,"ocean_post_title_bg_overlay":0.5,"ocean_post_title_bg_overlay_color":"","ocean_disable_breadcrumbs":"default","ocean_breadcrumbs_color":"","ocean_breadcrumbs_separator_color":"","ocean_breadcrumbs_links_color":"","ocean_breadcrumbs_links_hover_color":"","ocean_display_footer_widgets":"default","ocean_display_footer_bottom":"default","ocean_custom_footer_template":"","ocean_post_oembed":"","ocean_post_self_hosted_media":"","ocean_post_video_embed":"","ocean_link_format":"","ocean_link_format_target":"self","ocean_quote_format":"","ocean_quote_format_link":"post","ocean_gallery_link_images":"on","ocean_gallery_id":[],"footnotes":""},"categories":[3],"tags":[20,482,1021,84,752],"class_list":["post-15329","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","tag-bitcoin","tag-buys","tag-microstrategy","tag-million","tag-worth","entry","has-media","owp-thumbs-layout-horizontal","owp-btn-normal","owp-tabs-layout-horizontal","has-no-thumbnails","has-product-nav"],"_links":{"self":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/15329","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/comments?post=15329"}],"version-history":[{"count":1,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/15329\/revisions"}],"predecessor-version":[{"id":15330,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/posts\/15329\/revisions\/15330"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media\/15331"}],"wp:attachment":[{"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/media?parent=15329"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/categories?post=15329"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coingrafter.com\/index.php\/wp-json\/wp\/v2\/tags?post=15329"}],"curies":[{"name":"wp","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