Headline: Strategys Bold $962 Million Bitcoin Bet Precedes Market Dip Смелая ставка Strategy на биткоин в $962 миллиона предшествует падению рынка

Before the decline of cryptocurrency prices, Strategy acquired 10,624 BTC for $962.7 million, with an average price of $92,098 per coin.

The firm’s total balance has reached 660,624 BTC, valued at approximately $60 billion.

Moreover, Strategy maintained its positions in the Nasdaq 100 following the annual rebalancing, as reported by Reuters. This marks the first successful stress test for the company since its inclusion in the benchmark last December.

Companies such as Biogen, CDW, GlobalFoundries, Lululemon, On Semiconductor, and Trade Desk exited the Nasdaq 100 during the rebalancing, while new entrants included Alnylam Pharmaceuticals, Ferrovial, Insmed, Monolithic Power Systems, Seagate, and Western Digital.

In January, Strategy may face potential exclusion from MSCI indices, as the organization is reviewing the classification of companies whose assets are composed of over 50% in digital currencies.

JPMorgan analysts have warned that if MSCI changes its rules, passive funds may have to sell Strategy shares worth up to $2.8 billion.

Company leadership disagrees with such an approach. Executive Chairman Michael Saylor and CEO Fong Le sent a letter to MSCI, arguing that Strategy should be considered an operational business rather than a passive Bitcoin holder. To finance its acquisitions, the firm actively issues preferred stock and other instruments.

Meanwhile, BitMine has reported an increase in its Ethereum reserves to $13.2 billion, holding 3.97 million ETH—over 3.2% of the market supply of the second-largest cryptocurrency.

As of December 14, the company’s asset structure includes:

Chairman of BitMine Tom Lee stated that the company purchased 102,259 ETH just last week. He noted that the stabilization of prices indicates the beginning of market recovery after the price shock on October 10.

«Positive legislative changes in the U.S. and support from Wall Street boost our confidence in digital assets,» Lee declared.

BitMine remains the largest corporate holder of Ethereum globally, ranked second among public companies with crypto assets, just behind Strategy.

It is worth noting that in the first week of December, Saylor’s company increased its Bitcoin reserves by purchasing 10,624 BTC for approximately $962.7 million.