{"id":596728,"date":"2024-11-11T18:05:54","date_gmt":"2024-11-11T18:05:54","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=596728"},"modified":"2024-11-11T18:05:54","modified_gmt":"2024-11-11T18:05:54","slug":"microstrategy-buys-another-2-billion-bitcoin-taking-btc-hoard-past-23-billion-as-analysts-eye-btc-at-100k","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/microstrategy-buys-another-2-billion-bitcoin-taking-btc-hoard-past-23-billion-as-analysts-eye-btc-at-100k","title":{"rendered":"MicroStrategy Buys Another $2 Billion Bitcoin, Taking BTC Hoard Past $23 Billion As Analysts Eye BTC At $100K"},"content":{"rendered":"
MicroStrategy has acquired 27,200 more Bitcoin for over $2 billion, boosting the value of its portfolio to about $23.5 billion as some analysts say Bitcoin is headed for $100K.<\/p>\n
The firm said in a Nov. 11 statement<\/a> that it bought another 27.2k BTC for $2.03 billion between Oct. 31 and Nov. 10, taking its total holdings to 279,420 BTC. The latest Bitcoin were acquired at an average price of $74,463.<\/p>\n The company is now sitting on Bitcoin profits in excess of $11 billion.<\/p>\n I think https:\/\/t.co\/meaZhpFNq9<\/a> needs more green dots. pic.twitter.com\/faeNCKAvNQ<\/a><\/p>\n — Michael Saylor⚡️ (@saylor) November 10, 2024<\/a><\/p><\/blockquote>\n\n