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World-Renowned Bitcoin Bull MicroStrategy Expands Its Enormous Stockpile To 439,000 BTC After Securing Nasdaq-100 Addition

  • MicroStrategy, a software firm and Bitcoin development company, has acquired $1.5 billion worth of Bitcoin, bringing their total holdings to 439,000 BTC.
  • This follows their recent inclusion in the Nasdaq-100 Index, allowing index investors to gain exposure to Bitcoin.
  • The average purchase price of MicroStrategy's Bitcoin is $61,725 per BTC, with the current value at $45.6 billion.
  • MicroStrategy's stock price rose 3% on the news, and they are set to join the Nasdaq-100 Index on December 23.

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