{"id":137645,"date":"2024-09-20T16:46:43","date_gmt":"2024-09-20T13:46:43","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=137645"},"modified":"2024-09-20T16:46:43","modified_gmt":"2024-09-20T13:46:43","slug":"just-in-microstrategy-buys-bitcoin-worth-458-million","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/just-in-microstrategy-buys-bitcoin-worth-458-million\/","title":{"rendered":"JUST IN: MicroStrategy Buys Bitcoin Worth $458 Million"},"content":{"rendered":"

Less than 30 minutes ago, Michael Saylor announced<\/a><\/strong> via X (previously Twitter), that his company bought<\/a><\/strong> another 7,420 BTC for approximately $458.2 million \u2013 or $61,750 per coin on average.<\/p>\n

This led to the achievement of a 5.1% QTD of 5.1% and YTD of 17.8%. The returns on their investment are quite notable and many other instituional investors are following their example and adjusting their strategies to adopt BTC.<\/p>\n

As of September 19, 2024, MicroStrategy holds 252,220 BTC worth around $9.9 billion with an average price of $39,566 per coin.<\/p>\n