🚀 MicroStrategy boosts its bitcoin stash! The company now holds 439,000 BTC after purchasing 15,350 BTC for $1.5 billion, at an average price of $100,386 per bitcoin. This move is part of their "21/21 plan," with funding from share sales.
📈 Exciting times as MicroStrategy joins the Nasdaq 100, effective Dec. 23! Plus, the FASB's new fair value accounting rules for digital assets kick in after Dec. 2024, allowing companies to recognize gains and impairments.
💬 What do you think about these developments? Share your thoughts in the comments!