MicroStrategy has purchased $1.5 billion worth of Bitcoin by selling stocks. This is the sixth consecutive week that the company has announced the purchase of Bitcoin. Currently, MicroStrategy owns approximately $45 billion worth of Bitcoin. Last Friday, MicroStrategy announced that it will be included in the NASDAQ 100 index on December 23. The decision to include the company in the NASDAQ 100 index signifies institutional recognition of its controversial founder, Michael Saylor. According to documents disclosed by the US Securities and Exchange Commission (SEC) on Monday, from December 9 to December 15, MicroStrategy purchased 15,350 Bitcoins at an average price of approximately $100,386. As the company accelerates its Bitcoin purchases, its stock price has risen by over 500% this year. MicroStrategy's goal is to raise $4.2 billion over the next three years through the sale of stocks and the issuance of convertible bonds in order to purchase more Bitcoin.

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