Key Highlights
- Latest Purchase: MicroStrategy acquired 15,350 BTC for $1.5 billion**, averaging **$100,386 per bitcoin.
- Total Holdings: 439,000 BTC (worth $45.6 billion**) at an average cost of **$61,725 per BTC.
- Funding: Executed via share sales under its At-The-Market (ATM) program, leaving $7.65 billion remaining.
Strategic Moves and Market Impact
Nasdaq 100 Inclusion
MicroStrategy’s addition to the Nasdaq 100 Index (effective Dec. 23) amplifies exposure to institutional investors, potentially driving passive investment flows.
Fair Value Accounting Shift
The Financial Accounting Standards Board (FASB) now permits fair value accounting for digital assets, enabling companies to reflect gains/losses in net income—a pivotal change for Bitcoin-heavy balance sheets.
Weekly Bitcoin Accumulation Trend
- Recent Purchases: 171,430 BTC over 5 weeks ($15.61 billion).
- Future Plans: Part of MicroStrategy’s "21/21 Plan", with $18 billion remaining in convertible notes.
👉 Explore MicroStrategy’s Bitcoin strategy
Market Response
- MSTR Shares: +4% pre-market ($425/share).
- Bitcoin Price: Trading above $104,000** after hitting an ATH of **$106,000.
FAQ
1. Why does MicroStrategy keep buying Bitcoin?
MicroStrategy views Bitcoin as a long-term store of value, leveraging its corporate treasury strategy to hedge against inflation and currency devaluation.
2. How does Nasdaq 100 inclusion benefit MicroStrategy?
It exposes MSTR to billions in passive investments (ETFs, index funds), enhancing liquidity and institutional credibility.
3. What’s the significance of FASB’s accounting rule change?
Companies can now report unrealized gains on Bitcoin, improving financial transparency and attracting more corporate adopters.
👉 Learn more about Bitcoin investments