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.