It was announced on Dec. 13 that Bitcoin (CRYPTO:BTC) hoarder MicroStrategy (NASDAQ:MSTR) would be added to the Nasdaq 100 stock index on Dec. 23. Some believed the announcement could send its shares soaring as investors rushed to get ahead of all the buying that would occur from the indexes and exchange-traded funds that follow the Nasdaq 100. 24/7 Wall St. Key Points: 
MicroStrategy (MSTR) has been an incredible investment as it rode the Bitco…

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MicroStrategy Buys More BTC as Stock Becomes Member of Nasdaq 100 Index

Disclaimer: The analyst who wrote this piece owns shares of MicroStrategy (MSTR)MicroStrategy (MSTR), the software developer that has made acquiring bitcoin (BTC) a core value, added to its holding for a seventh week in a row.The company bought 5,262 BTC for a total of $561 million in the week ended Dec. 22 to take its total holdings to 444,262 BTC it said. The purchase, at an average price of $106,622 per bitcoin, was teased by Executive Chairm…

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MicroStrategy has intensified its Bitcoin purchases in 2024, outpacing the scale of its acquisitions during the 2021 bull market. The post MicroStrategy Sets Records with Bitcoin Buys Ahead of Nasdaq 100 Entry appeared first on Cryptodnes.

CryptoPanic

MicroStrategy Sets Records with Bitcoin Buys Ahead of Nasdaq 100 Entry

MicroStrategy unveiled a Bitcoin purchase for the seventh consecutive week, topping off its corporate coffers alongside its Nasdaq-100 debut.

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MicroStrategy Shares Fall Amid $516 Million Bitcoin Buy and Nasdaq-100 Entry

Michael Saylor, co-founder and executive chairman of Microstrategy, brought bitcoin into the spotlight during an online exchange with Jeff Bezos on X. The Amazon founder found himself in the headlines after firmly rejecting claims he was planning a $600 million wedding with fiancée Lauren Sanchez next weekend in Aspen, Colorado. From Wedding Whispers to Bitcoin […]

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CoinStats - ‘$600M Would Buy a Lot of Bitcoin’: Microstra...

MicroStrategy’s recent purchase of 5,262 Bitcoin for $561 million underscores the firm’s ongoing commitment to expanding its BTC holdings. Despite speculation about a potential pause in acquisitions due to its

http://coinprofitnews.com

MicroStrategy’s Bitcoin Acquisitions Continue Amid Rumors of Possible Pause in January

MicroStrategy Inc (NASDAQ: MSTR) announced another Bitcoin (BTC) purchase on December 23 at an average price of $106,662. This marks an announcement made at a price below the dollar-cost average, signaling a buy at Bitcoin’s local top. Nevertheless, the company is still profitable with its Bitcoin portfolio, and MSTR’s stock steadily sustains a premium against its holdings. According to Michael Saylor’s announcement, MicroStrategy has acquired 4…

Finbold

MicroStrategy buys Bitcoin price top at $106k, already down 12%

MicroStrategy's Saylor has urged Jeff Bezos to spend $600 million on buying Bitcoin instead of a lavish wedding

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MicroStrategy's Saylor Pitches $600 Million Bitcoin Buy to Jeff Bezos

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Is MicroStrategy Heading for a Massive Correction?

MicroStrategy's Nasdaq-100 inclusion may boost ETF demand, indirectly increasing Bitcoin exposure for investors and impacting market dynamics. The post Bitcoin proxy MicroStrategy debuts on Nasdaq-100 appeared first on Crypto Briefing.

Crypto Briefing

Bitcoin proxy MicroStrategy debuts on Nasdaq-100

MicroStrategy continued its aggressive Bitcoin acquisition strategy, buying 5,262 BTC for $561 million despite the recent market downturn. According to a Dec. 23 filing with the US Securities and Exchange Commission (SEC), the firm stated that the purchase price averaged $106,662 per Bitcoin. This marks the seventh week of acquisitions, pushing the company’s total Bitcoin…

Is MicroStrategy Heading for a Massive Correction?

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