MicroStrategy (NASDAQ:MSTR) poised to join the Nasdaq 100 Index on Monday, has announced the purchase of an additional $561 million worth of Bitcoin.
The acquisition, made at an average price near last week’s record high, marks the seventh consecutive week of Bitcoin purchases for the software company.
According to a filing with the U.S. Securities and Exchange Commission on Monday, MicroStrategy acquired 5,262 Bitcoin tokens at an average price of approximately $106,662 between December 16 and December 22.
This represents the smallest number of Bitcoin purchased by the company in recent weeks, coinciding with the token’s surge to a new high above $108,000 during the same period.
The company, known for its significant Bitcoin holdings, has previously outlined plans to raise $42 billion over the next three years through at-the-market stock sales and convertible debt offerings, with the explicit goal of further Bitcoin acquisitions.
Chairman Michael Saylor stated in a Bloomberg Television interview on Wednesday that MicroStrategy has already exceeded its capital targets for 2025 and will revise its strategy upon completion of the current plan.
This latest purchase further solidifies MicroStrategy's commitment to Bitcoin as a core treasury asset.