MicroStrategy continues to increase its Bitcoin holdings, reaching a total value of approximately $45 billion.
On December 16, MicroStrategy purchased $1.5 billion worth of Bitcoin through the sale of stocks. This marks the sixth consecutive week the company has announced the purchase of Bitcoin. Currently, it holds Bitcoin valued at around $45 billion. 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 U.S. Securities and Exchange Commission (SEC) on Monday, from December 9 to December 15, MicroStrategy acquired 15,350 Bitcoins at an average price of approximately $100,386. As the company accelerates its Bitcoin purchases, its stock price has increased by over 500% this year. MicroStrategy aims to raise $42 billion over the next three years through sales of stocks in the market and the issuance of convertible bonds, with these funds intended for the purchase of more Bitcoin.
