Microstrategy Buys 15,350 BTC For $1.5 Billion

Microstrategy, a Nasdaq-100 listed firm, has acquired 15,350 BTC Bitcoins for about $1.5 billion billion at a median value of $100,386 per BTC.

With the current acquisition, the corporate owns 439,000 $BTC, bought for $27.1 billion at a median of $61,725 ​​per bitcoin, delivering YTD returns of 46.4% QTD and 72.4% YTD.

MicroStrategy now owns 2% of the 21 million BTC at the moment accessible.

On December 15, Michael Saylor sparked an fascinating dialogue, questioning in his X-post the absence of a “inexperienced dot” on SaylorTracker, which is usually referred to as a sign for upcoming Bitcoin purchases.

MicroStrategy joins the Nasdaq-100 index and the ‘QQQ’ ETF

As of December 23, MicroStrategy’s inclusion within the Nasdaq-100 positions it inside outstanding index funds corresponding to QQQ. With greater than $250 billion in belongings underneath administration, this exchange-traded fund gives unparalleled publicity to thousands and thousands of retail and institutional buyers world wide.

Consequently, ETFs that monitor the index and collectively handle greater than $550 billion in belongings now routinely embody MicroStrategy of their portfolios. The most important of those, Invesco QQQ, manages belongings of greater than $300 billion, creating important potential to extend MSTR’s inventory worth.

MicroStrategy ($MSTR) Turns into the First Bitcoin Treasury Firm on the NASDAQ 100; Nevertheless, Saylor predicts that $MARA might be subsequent.

James Van Straten, senior analyst at CoinDesk, emphasizes that MicroStrategy ($MSTR) wants optimistic earnings over the previous 4 quarters to qualify for the S&P 500. He expects that with FASB implementation within the first quarter of 2025 and Bitcoin ($BTC) can have a value of $120,000. $MSTR may obtain internet revenue of $25 billion, probably making it eligible for inclusion within the S&P 500 as quickly because the second quarter of 2025.

Establishments are fueling Bitcoin’s rise. Learn Bitcoin’s Value Prediction to search out out the place this unstoppable rise is headed!

Affect on the Bitcoin value

Bitcoin Value continued its uptrend and reached a brand new all-time excessive of 106,488.25 early Monday. The current spike comes amid rising investor optimism fueled by US President Donald Trump’s potential bitcoin strategic reserve fund and the continuing wave of institutional curiosity, together with the Nasdaq itemizing of pro-Bitcoin startup MicroStrategy.

On the time of writing, the worth of BTC is altering palms at $103,000, with a small loss.

Market specialists consider that MicroStrategy’s rising affect within the Nasdaq-100 and continued Bitcoin shopping for may entice much more institutional consumers, probably sending Bitcoin to new all-time highs.

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