Between December 9 and 15, MicroStrategy purchased 15,350 BTC for $1.5 billion, averaging $100,386 per coin, as announced by the company’s founder, Michael Saylor.

MicroStrategy has acquired 15,350 BTC for ~$1.5 billion at ~$100,386 per #bitcoin and has achieved BTC Yield of 46.4% QTD and 72.4% YTD. As of 12/15/2024, we hodl 439,000 $BTC acquired for ~$27.1 billion at ~$61,725 per bitcoin. $MSTR https://t.co/SaWLNBVkrl
— Michael Saylor⚡️ (@saylor) December 16, 2024

As of now, MicroStrategy holds 439,000 BTC acquired for $27.1 billion at an average price of $61,725 per coin.

The company reported a return of 46.4% in the last quarter and 72.4% year-to-date.

This Bitcoin purchase coincided with the sale of 3,884,712 MicroStrategy shares for the same $1.5 billion. As of December 15, investors still have access to $7.65 billion in MSTR shares out of the $21 billion allocated for sale.

On December 13, Nasdaq announced the inclusion of MicroStrategy shares in the Nasdaq-100 index, which features the 100 largest non-financial companies by market capitalization listed on the exchange.

Experts predict that inclusion in the index could drive MSTR’s stock price higher.

At the time of writing, MicroStrategy shares are trading at $421.5 in Nasdaq pre-market sessions, with a market capitalization of $91.82 billion.

In December, analysts from JPMorgan noted that mining companies have begun adopting strategies to acquire Bitcoin for their balance sheets, following MicroStrategy’s example.