{"id":75235,"date":"2020-08-14T01:14:16","date_gmt":"2020-08-14T05:14:16","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=75235"},"modified":"2020-08-14T01:26:07","modified_gmt":"2020-08-14T05:26:07","slug":"microstrategy-buys-250m-in-bitcoin-making-the-crypto-as-a-primary-treasury-reserve-asset","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/08\/2020\/microstrategy-buys-250m-in-bitcoin-making-the-crypto-as-a-primary-treasury-reserve-asset.html","title":{"rendered":"MicroStrategy buys $250m in bitcoin, making the crypto as a primary treasury reserve asset"},"content":{"rendered":"\n<p>(Opalesque) Nasdaq-listed software firm MicroStrategy purchased 21,454 bitcoin on Tuesday, effectively pouring all $250 million of its planned inflation-hedging funds into the digital currency. Disclosing its bitcoin buy alongside an equivalent stock buyback in a Tuesday Securities and Exchange Commission filing, MicroStrategy, a publicly-traded business intelligence firm worth over $1.2 billion. <\/p>\n\n\n\n<p><a href=\"https:\/\/www.opalesque.com\/680900\/MicroStrategy_buys_in_bitcoin_making_the_crypto090.html\">To read this article:<\/a><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Opalesque) Nasdaq-listed software firm MicroStrategy purchased 21,454 bitcoin on Tuesday, effectively pouring all $250 million of its planned inflation-hedging funds into the digital currency. Disclosing its bitcoin buy alongside an equivalent stock buyback in a Tuesday Securities and Exchange Commission [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-75235","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/75235","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=75235"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/75235\/revisions"}],"predecessor-version":[{"id":75236,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/75235\/revisions\/75236"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=75235"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=75235"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=75235"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}