MicroStrategy has made another significant addition to its Bitcoin holdings, purchasing 15,400 BTC for $1.5 billion between November 26 and December 1. With this latest acquisition, the company now owns a total of 402,100 BTC, worth around $38.2 billion at the current price of $95,000 per Bitcoin. The average purchase price for these tokens is $58,263.

This new batch of Bitcoin was bought through share sales under MicroStrategy’s at-the-market (ATM) program, a strategy the company has used to fund its ongoing Bitcoin investments. Executive Chairman Michael Saylor teased the announcement on social media prior to the official disclosure.

With this purchase, MicroStrategy now controls almost 2% of all Bitcoin that will ever be created, reinforcing its position as one of the largest private holders of the digital asset.

In other news, there is ongoing speculation about whether MicroStrategy will be included in the upcoming rebalancing of the Nasdaq 100, with an announcement expected on December 13.

Additionally, Saylor made headlines by presenting to the Microsoft board, pitching Bitcoin as a key diversification strategy for the company’s treasury. He argued that Microsoft’s current approach to managing its treasury has hindered its performance, while MicroStrategy’s focus on Bitcoin has boosted its market presence. He pointed out that over the past five years, Microsoft’s stock buybacks and dividends amounted to $200 billion—funds that could have been better spent on acquiring Bitcoin, which has increased by over 1,200% in that period.

MicroStrategy’s stock saw a 1.23% rise following the announcement, reflecting positive market sentiment surrounding its Bitcoin strategy.

In related news, MARA Holdings, a major Bitcoin mining company, also revealed the purchase of 6,484 BTC from October 1 to November 30, spending approximately $618.3 million at an average price of $95,352 per Bitcoin. The company also announced a $700 million private offering of zero-coupon convertible senior notes, which it plans to use for further Bitcoin purchases and to repurchase existing convertible notes due in 2026. As of November 30, MARA holds a total of 34,959 BTC, valued at $3.3 billion.