MICROSTRATEGY ACQUIRES ANOTHER 15,350 BITCOIN FOR $1.5 BILLION, TAKING HOLDINGS TO 439,000 BTC

Summary from the TLDR Crypto newsletter

MicroStrategy has acquired an additional 15,350 BTC for $1.5 billion at an average price of $100,386, bringing its total holdings to 439,000 BTC (approximately 2.1% of the total supply) worth over $45 billion. About 39% of its position was accumulated in just the past six weeks. The company, which will join the Nasdaq 100 index on December 23, continues its aggressive acquisition strategy through a combination of share sales and debt, with $42 billion in planned capital raises, while analysts at Bernstein suggest the company could be eligible for S&P 500 inclusion in 2025 following new accounting rules for crypto valuations. MicroStrategy's stock has gained over 490% year-to-date.