MicroStrategy has increased its bitcoin holdings to 439,000 BTC following a recent purchase of 15,350 BTC, completed on December 15.

The company, known for its focus on bitcoin, revealed that it spent $1.5 billion on this latest acquisition, purchasing each bitcoin at an average price of $100,386. With this addition, MicroStrategy now holds 439,000 BTC, valued at approximately $45.6 billion at current market prices. The company’s overall average purchase price for its bitcoin holdings is $61,725 per BTC.

This acquisition was funded through MicroStrategy’s ongoing at-the-market (ATM) offering program, which involves selling shares to raise capital. Before this purchase, MicroStrategy had $9.19 billion remaining under the ATM program, which has since decreased to $7.65 billion after the purchase.

As part of its ongoing strategy, Executive Chairman Michael Saylor teased the announcement on social media, continuing a pattern of revealing bitcoin purchases on Mondays before U.S. markets open. Over the past five weeks, MicroStrategy has acquired a total of 171,430 BTC, spending $15.61 billion, according to an X post from @LuckyXBT__. This purchase is part of the company’s “21/21 plan,” and it still has $18 billion available in convertible note offerings, with only $3 billion used so far.

The purchase follows the announcement that MicroStrategy will be added to the Nasdaq 100 index, with the change taking effect on December 23. This is a significant milestone for the company as it gains increased exposure to institutional investors.

Additionally, the Financial Accounting Standards Board (FASB) recently approved new guidelines allowing companies to use fair value accounting for bitcoin and other digital assets starting in fiscal years after December 15, 2024. This change will enable companies to record both gains and losses on their digital asset holdings in their net income, a shift from previous rules that only allowed impairment losses to be recognized.

Following these developments, MicroStrategy’s stock price rose by 4% in pre-market trading, reaching $425 per share. Bitcoin is also performing well, trading above $104,000, after recently hitting an all-time high above $106,000.

Meanwhile, Semler Scientific (SMLR) has also increased its bitcoin holdings, acquiring 211 BTC for $421.5 million, at an average price of $101,890 per bitcoin. As of December 12, Semler Scientific holds 2,084 BTC. In addition, the company has increased its ATM offering by $50 million, bringing the total offering to $150 million.