emre yumlu 
Breaking News: MicroStrategy announced today that it has continued its Bitcoin (BTC) purchasing strategy this Monday.
The company added another 2,138 BTC to its portfolio, bringing its total holdings to even greater levels. According to the disclosed information, these new Bitcoin were acquired at an average price of $97,837. Michael Saylor, the company’s founder, highlighted the company’s strategy and purchase process in his statement.
MicroStrategy, already the company with the largest Bitcoin holdings among publicly traded companies, added another 2,138 BTC to its portfolio for $209 million in the week ending December 29. This brings its total Bitcoin holdings to 446,400 BTC.
The announcement was teased by Executive Chairman Michael Saylor in a post on X on Sunday. The average purchase price for this latest Bitcoin acquisition was $97,837, raising the company’s total average purchase price to $62,428 per BTC.
The purchase was financed through the company’s at-the-market (ATM) program, which still has $6.88 billion remaining.
Recently, MicroStrategy was added to the Nasdaq 100, ranking 57th with an index weight of 0.38%. However, the company’s stock is currently trading 40% below its record high reached on November 21.
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