{"id":1773,"date":"2024-03-19T19:31:26","date_gmt":"2024-03-19T19:31:26","guid":{"rendered":"https:\/\/stoxpo.com\/?p=1773"},"modified":"2024-03-19T19:31:27","modified_gmt":"2024-03-19T19:31:27","slug":"microstrategy-boosts-bitcoin-holdings-now-owns-1-of-supply","status":"publish","type":"post","link":"https:\/\/stoxpo.com\/index.php\/2024\/03\/19\/microstrategy-boosts-bitcoin-holdings-now-owns-1-of-supply\/","title":{"rendered":"MicroStrategy Boosts Bitcoin Holdings, Now Owns 1% of Supply"},"content":{"rendered":"\n<p>MicroStrategy CEO Michael Saylor announced the company&#8217;s acquisition of an additional 9,245 BTC, totaling approximately $623.0 million. This purchase was made using proceeds from convertible notes and excess cash, at an average price of around $67,382 per Bitcoin. With this acquisition, MicroStrategy now holds a total of 214,246 BTC, acquired for approximately $7.53 billion, at an average price of $35,160 per Bitcoin. Notably, this milestone means that MicroStrategy officially owns 1% of the total Bitcoin supply. The move reflects MicroStrategy&#8217;s continued confidence in Bitcoin as a store of value and its commitment to increasing its exposure to the leading cryptocurrency.<\/p>\n\n\n\n<p>You might like this article:<a href=\"https:\/\/stoxpo.com\/index.php\/2024\/03\/18\/ideal-power-inc-partners-with-richardson-electronics-for-global-distribution\/\"><mark style=\"background-color:rgba(0, 0, 0, 0)\" class=\"has-inline-color has-vivid-cyan-blue-color\">Ideal Power Partners with Richardson Electronics for Global Distribution<\/mark><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>MicroStrategy CEO Michael Saylor announced the company&#8217;s acquisition of an additional 9,245 BTC, totaling approximately $623.0 million. This purchase was made using proceeds from convertible notes and excess cash, at an average price of around $67,382 per Bitcoin. With this acquisition, MicroStrategy now holds a total of 214,246 BTC, acquired for approximately $7.53 billion, at [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1488,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jnews-multi-image_gallery":[],"jnews_single_post":{"subtitle":"","format":"standard","video":"","gallery":"","source_name":"","source_url":"","via_name":"","via_url":"","override_template":"0","override":[{"template":"8","single_blog_custom":"","parallax":"1","fullscreen":"1","layout":"right-sidebar-narrow","sidebar":"author","second_sidebar":"single-right","sticky_sidebar":"1","share_position":"top","share_float_style":"share-monocrhome","show_share_counter":"0","show_view_counter":"0","show_featured":"1","show_post_meta":"1","show_post_author":"1","show_post_author_image":"1","show_post_date":"1","post_date_format":"default","post_date_format_custom":"Y\/m\/d","show_post_category":"1","show_post_reading_time":"1","post_reading_time_wpm":"300","show_zoom_button":"0","zoom_button_out_step":"2","zoom_button_in_step":"3","show_post_tag":"1","show_prev_next_post":"1","show_popup_post":"1","number_popup_post":"1","show_author_box":"1","show_post_related":"1","show_inline_post_related":"0"}],"override_image_size":"0","image_override":[{"single_post_thumbnail_size":"crop-500","single_post_gallery_size":"crop-500"}],"trending_post":"0","trending_post_position":"meta","trending_post_label":"Trending","sponsored_post":"0","sponsored_post_label":"Sponsored by","sponsored_post_name":"","sponsored_post_url":"","sponsored_post_logo_enable":"0","sponsored_post_logo":"","sponsored_post_desc":"","disable_ad":"0"},"jnews_primary_category":{"id":"","hide":""},"jnews_social_meta":{"fb_title":"","fb_description":"","fb_image":"","twitter_title":"","twitter_description":"","twitter_image":""},"jnews_override_counter":{"override_view_counter":"0","view_counter_number":"0","override_share_counter":"0","share_counter_number":"0","override_like_counter":"0","like_counter_number":"0","override_dislike_counter":"0","dislike_counter_number":"0"},"jnews_post_split":{"enable_post_split":"0","post_split":[{"template":"1","tag":"h2","numbering":"asc","mode":"normal","first":"0","enable_toc":"0","toc_type":"normal"}]}},"categories":[370,361],"tags":[],"coauthors":[453],"_links":{"self":[{"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/posts\/1773"}],"collection":[{"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/comments?post=1773"}],"version-history":[{"count":1,"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/posts\/1773\/revisions"}],"predecessor-version":[{"id":1774,"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/posts\/1773\/revisions\/1774"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/media\/1488"}],"wp:attachment":[{"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/media?parent=1773"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/categories?post=1773"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/tags?post=1773"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/stoxpo.com\/index.php\/wp-json\/wp\/v2\/coauthors?post=1773"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}