MicroStrategy Incorporated has disclosed that it acquired another 15,350 Bitcoins for $1.5 billion in cash between December 9 and December 15, at an average price of approximately $100,386 per Bitcoin, a Securities and Exchange Commission (SEC) filing showed on Monday.
According to the company's filing, the transaction was financed with "proceeds from the issuance and sale of Shares under the Sales Agreement." MicroStrategy stated that as of December 16, its total Bitcoin holdings stand at 439,000 Bitcoins. The aggregate purchase cost for the assets is approximately $27.1 billion, with an average price of $61,725 per Bitcoin, including fees and expenses.
The latest purchase comes after Nasdaq disclosed it will include the company on the Nasdaq 100 index from December 23.