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<p>Why is MicroStrategy investing so much in Bitcoin and how does it manage to finance these massive acquisitions? Just yesterday, the company bought an additional 11,931 bitcoins for $786 million, bringing its total to 226,331 BTC. This new purchase strengthens its position among the largest bitcoin holders in the world, demonstrating a bold strategy and unwavering confidence in the future of this cryptocurrency.</p>
<h2 id="h-microstrategy-increases-its-treasury-by-11-931-btc">MicroStrategy increases its treasury by 11,931 BTC</h2>
<p>MicroStrategy envisions a better future with the bitcoin it continues to fill its digital gold treasury. Indeed, the company led by Michael Saylor recently <strong>bought an additional 11,931 bitcoins</strong> for an amount of $786 million.</p>
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     <p lang="en" dir="ltr">MicroStrategy has acquired an additional 11,931 BTC for ~$786.0M using proceeds from convertible notes &amp; excess cash for ~$65,883 per <a href="https://twitter.com/hashtag/bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#bitcoin</a>. As of 6/20/24, <a href="https://twitter.com/search?q=%24MSTR&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$MSTR</a> hodls 226,331 <a href="https://twitter.com/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$BTC</a> acquired for ~$8.33B at average price of $36,798 per bitcoin.<a href="https://t.co/jE9dGqqnON" rel="noopener noreferrer nofollow">https://t.co/jE9dGqqnON</a></p>— Michael Saylor <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/26a1.png" alt="⚡" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@saylor) <a href="https://twitter.com/saylor/status/1803763490928119950?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">June 20, 2024</a>
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  Announcement of a new acquisition of bitcoins by MicroStrategy – Source: <a href="https://x.com/saylor/status/1803763490928119950" target="_blank" rel="noopener noreferrer nofollow">Michael Saylor (X)</a>
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<p>“<em>MicroStrategy has acquired an additional 11,931 BTC for approximately $786.0 million using the proceeds from convertible notes and excess cash for approximately $65,883 per #bitcoin. As of 6/20/24, $MSTR holds 226,331 $BTC acquired for ~8.33B$ at an average price of $36,798 per bitcoin</em>,” Saylor tweeted.</p>
<p>This <a href="https://www.microstrategy.com/press/microstrategy-acquires-additional-11931-bitcoins-and-now-holds-226331-btc_06-20-2024" target="_blank" rel="noopener noreferrer nofollow">new acquisition</a> brings <strong>the total number of coins held by the company to over 226,331</strong>, consolidating its position as one of the largest BTC holders in the world.</p>
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<p>Since it began investing in bitcoin four years ago, MicroStrategy has demonstrated unwavering confidence in this cryptocurrency.</p>
<h2 id="h-bitcoin-a-massive-strategic-investment">Bitcoin: A massive strategic investment</h2>
<p>MicroStrategy’s purchase of bitcoins has always been a strategic move. This latest acquisition, made at <strong>an average price of $65,880 per BTC</strong>, shows an unwavering determination to strengthen its digital asset holdings.</p> 
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<p>In total, the company now holds <strong>nearly $15 billion worth of bitcoins</strong>.</p>
<p>With the SEC’s approval of Spot Bitcoin ETFs in January, institutional interest in bitcoin has skyrocketed, propelling its price to a record high of $73,000 in March 2024.</p>
<p>MicroStrategy took advantage of this momentum to issue <strong>an $800 million convertible note</strong>, far exceeding the <a href="https://www.cointribune.com/en/bitcoin-microstrategy-invests-500-million-in-btc/" target="_blank" rel="noopener noreferrer nofollow">initial announcement of $500 million</a>.</p>
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<p>Last March, it had already acquired <a href="https://www.cointribune.com/microstrategy-achats-agressifs-de-bitcoins-attention-au-retour-de-flamme-avertit-jpmorgan/" target="_blank" rel="noopener noreferrer nofollow">9,245 BTC for $623 million</a>, confirming a continuous and aggressive buying strategy.</p>
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<p>Will MicroStrategy be able to compete with the new BTC ETF issuer whales like <a href="https://www.cointribune.com/bitcoin-blackrock-devient-le-plus-grand-detenteur-de-la-crypto/" target="_blank" rel="noopener noreferrer nofollow">BlackRock</a> in this frenzied race for digital gold?</p>

Bitcoin: MicroStrategy increases its holdings with a purchase of $786 million

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Ďalšie články zverejnené 20. 6. 2024

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