{"id":87620,"date":"2024-03-14T01:30:25","date_gmt":"2024-03-14T05:30:25","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=87620"},"modified":"2024-03-14T01:10:43","modified_gmt":"2024-03-14T05:10:43","slug":"microstrategy-shares-up-180-this-year-after-debt-sale-to-buy-more-bitcoin-spurs-latest-rally","status":"publish","type":"post","link":"https:\/\/www.hedgeco.net\/news\/03\/2024\/microstrategy-shares-up-180-this-year-after-debt-sale-to-buy-more-bitcoin-spurs-latest-rally.html","title":{"rendered":"MicroStrategy shares up 180% this year after debt sale to buy more bitcoin spurs latest rally"},"content":{"rendered":"\n<p>(CNBC) Whenever Michael Saylor utters the word \u201cbitcoin,\u201d <a href=\"https:\/\/www.cnbc.com\/quotes\/MSTR\/\">MicroStrategy<\/a> shares pop. He has been doing a lot of uttering lately.<\/p>\n\n\n\n<p>Earlier this week, the MicroStrategy founder <a rel=\"noreferrer noopener\" href=\"https:\/\/twitter.com\/saylor\/status\/1767178599390458285\" target=\"_blank\">posted on social media platform X<\/a> that his company had just purchased another 12,000 bitcoins for close to $822 million \u201cusing proceeds from convertible notes &amp; excess cash.\u201d That brings MicroStrategy\u2019s total holdings to 205,000 bitcoins, which are now worth more than $15 billion.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2024\/03\/13\/microstrategy-up-180percent-this-year-after-debt-sale-for-more-bitcoin.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Whenever Michael Saylor utters the word \u201cbitcoin,\u201d MicroStrategy shares pop. He has been doing a lot of uttering lately. Earlier this week, the MicroStrategy founder posted on social media platform X that his company had just purchased another 12,000 [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-87620","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/87620","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=87620"}],"version-history":[{"count":1,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/87620\/revisions"}],"predecessor-version":[{"id":87621,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/87620\/revisions\/87621"}],"wp:attachment":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=87620"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=87620"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=87620"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}