MicroStrategy Adds 5,262 BTC, Bringing Total Holdings to 444,262 as It Joins Nasdaq 100
MicroStrategy (MSTR), the software firm renowned for its aggressive Bitcoin (BTC) acquisition strategy, has continued its buying streak for the seventh consecutive week, adding 5,262 BTC to its reserves.
The latest purchase, made during the week ending December 22, totaled approximately $561 million at an average price of $106,622 per Bitcoin. This acquisition boosts MicroStrategy’s total Bitcoin holdings to 444,262 BTC, now valued at approximately $42.2 billion based on current market prices. The company’s average purchase price per Bitcoin has risen to $62,257.
MicroStrategy’s Executive Chairman, Michael Saylor, hinted at the acquisition in a Sunday post on X (formerly Twitter).
The purchase was financed through the company’s at-the-market (ATM) share sale program, which still has approximately $7.08 billion available for future funding initiatives.
This announcement coincides with MicroStrategy’s debut on the Nasdaq 100 equity index, marking a significant milestone for the company. Despite the news, MSTR shares remained relatively stable in pre-market trading, hovering above $364.2.
MicroStrategy continues to solidify its position as one of the largest institutional Bitcoin holders, reinforcing its commitment to Bitcoin as a primary treasury reserve asset.
