MicroStrategy Snaps Up 5,262 BTC as Stock Becomes Part of Nasdaq 100

MicroStrategy Adds 5,262 BTC, Total Holdings Hit 444,262 as It Joins Nasdaq 100 Index

MicroStrategy (MSTR), the enterprise software firm known for its unwavering commitment to Bitcoin (BTC) accumulation, has announced yet another substantial purchase, marking its seventh consecutive week of increasing holdings.

In the week ending December 22, the company acquired 5,262 BTC at an average price of $106,622 per Bitcoin, amounting to a total investment of $561 million. This latest acquisition raises MicroStrategy’s total Bitcoin holdings to 444,262 BTC, now valued at approximately $42.2 billion based on current market prices. The firm’s average purchase cost per Bitcoin now stands at $62,257.

The purchase was funded through MicroStrategy’s at-the-market (ATM) share offering program, which still has $7.08 billion available for future transactions.

This announcement aligns with MicroStrategy’s inclusion in the Nasdaq 100 index, a milestone that highlights the company’s growing influence in both the cryptocurrency and traditional financial sectors.

Despite the news, MicroStrategy’s stock (MSTR) showed minimal movement in pre-market trading, holding steady around $364.2.

With this latest acquisition, MicroStrategy further cements its status as the leading corporate Bitcoin holder, maintaining its long-term vision of Bitcoin as a superior treasury reserve asset.

  • Related Posts

    Binance expands its platform with a prediction market offering for millions of users.

    Binance has added a prediction markets feature to its Binance Wallet, enabling users to trade on real-world event outcomes directly within the app. The integration links Binance Wallet to Predict.fun,…

    Continue reading
    Bhutan has reportedly divested 70% of its Bitcoin over the past 18 months and may have paused or ended BTC mining.

    Bhutan is steadily exiting one of the most closely watched sovereign bitcoin strategies, continuing a measured reduction in its holdings. The kingdom’s reserves have declined from roughly 13,000 BTC in…

    Continue reading