Following the announcement of its listing on the Nasdaq, MicroStrategy conducts a new purchase of Bitcoin.
MicroStrategy Incorporated has revealed that it purchased an additional 15,350 bitcoins for $1.5 billion in cash between December 9 and December 15, at an average price of around $100,386 per bitcoin.
According to the company's filing with the Securities and Exchange Commission, the purchase was funded by proceeds from the issuance and sale of shares under a sales agreement. Additionally, MicroStrategy stated that as of Monday, December 16, its total bitcoin holdings have reached 439,000 bitcoins.
MicroStrategy also clarified that the total purchase cost of the assets is approximately $27.1 billion, with an average price of $61,725 per bitcoin, including fees and expenses.
This latest bitcoin purchase comes after the Nasdaq exchange announced that it will list the company on the Nasdaq 100 index starting December 23.