MicroStrategy Increases Bitcoin Investments, Bringing Total to 438,650 BTC! 🎉 The company added 15,000 BTC with the latest purchase, completing the transaction for $1.5 billion. The average purchase price is $65,000.
- The company financed this purchase through stock sales and still has a $7 billion ATM program.
- MicroStrategy joins the Nasdaq 100, effective December 23.
- FASB adopts fair value accounting for Bitcoin and digital assets.
What do you think about these developments? Let's meet in the comments! 💬