bitcoinmagazine<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"MicroStrategy has increased its total Bitcoin holdings to 720,737 BTC by purchasing $204 million worth of Bitcoin last week, with the current market value exceeding $47 billion. Announced on Monday under the leadership of Executive Chairman Michael Saylor, the company acquired 3,015 Bitcoins between February 23 and March 1 at an average price of approximately $67,700 per coin. The company\u2019s total Bitcoin investment amounts to nearly $54.77 billion, with an average purchase price of about $75,985 per Bitcoin. Currently, Bitcoin is trading around $65,500, resulting in an unrealized loss on the company\u2019s investment. Given the global Bitcoin supply of 21 million, MicroStrategy holds over 3.4% of the total, making it the largest publicly traded company with significant Bitcoin holdings. The investment was funded through the market sale of common and preferred shares, generating approximately $229.9 million from 1.73 million Class A common shares and around $7.1 million from 71,590 preferred shares. MicroStrategy aims to continue Bitcoin acquisitions through a $84 billion investment by 2027 as part of its “42\/42” plan. Additionally, the company raised the annual dividend rate on its preferred stock to 11.5% to attract investors. This ongoing Bitcoin accumulation, which began in 2020, reflects MicroStrategy\u2019s long-term strategy to align its assets with the potential future benefits of Bitcoin. Source: bitcoinmagazine<\/p>\n","protected":false},"author":0,"featured_media":311653,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[134],"tags":[],"class_list":["post-311656","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-ur"],"_links":{"self":[{"href":"https:\/\/www.botslash.com\/en\/wp-json\/wp\/v2\/posts\/311656","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.botslash.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.botslash.com\/en\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.botslash.com\/en\/wp-json\/wp\/v2\/comments?post=311656"}],"version-history":[{"count":0,"href":"https:\/\/www.botslash.com\/en\/wp-json\/wp\/v2\/posts\/311656\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.botslash.com\/en\/wp-json\/wp\/v2\/media\/311653"}],"wp:attachment":[{"href":"https:\/\/www.botslash.com\/en\/wp-json\/wp\/v2\/media?parent=311656"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.botslash.com\/en\/wp-json\/wp\/v2\/categories?post=311656"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.botslash.com\/en\/wp-json\/wp\/v2\/tags?post=311656"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}