MicroStrategy Inc., set to join the Nasdaq 100 Index next week, has purchased an additional $561 million of Bitcoin at near-record high prices, marking its seventh consecutive Bitcoin purchase. The Virginia-based company’s strategy focuses on leveraging Bitcoin as a proxy.
Source: https://www.bloomberg.com/news/articles/2024-12-23/microstrategy-buys-more-bitcoin-for-seventh-consecutive-week