MicroStrategy (MSTR) will be included in the Nasdaq 100 stock market index, beginning one of the ultimate vampire attacks on the stock market.

MicroStrategy's business acumen is worth something, so the stock deserves to sell at a premium to the company’s bitcoin holdings

Bitcoin hit a new all-time high, while MicroStrategy continues stacking BTC and prepares for it’s Nasdaq 100 stock listing. Ripple finally launched its stablecoin, with big plans for global payments and XRP integration.

MicroStrategy has increased its bitcoin holdings to a total of 439,000 BTC following its latest purchase of 15,350 BTC.

Shares of the Virginia-based company, which owns about 2% of all bitcoin, has outperformed even Nvidia over the last five years.

MicroStrategy announced Monday that it acquired another 15,350 bitcoins, bringing its total holdings to of the token to 439,000.

MicroStrategy shares briefly surged on Monday before faltering to end nearly unchanged, after the software company and bitcoin stockpiler was selected to join the tech-heavy Nasdaq 100 index, further brightening the prospects of the stock.

MicroStrategy, the crypto-buying software company, said Monday it bought another $1.5 billion of bitcoin last week. The company has now bought bitcoin for six straight weeks. It acquired 15,350 bitcoins last week for $1.

After a massive rally over the past quarter, shares of MicroStrategy Inc. (NASDAQ: MSTR) started to face some controversy regarding the underlying business model and methods of this technology stock accumulating Bitcoin on their balance sheet through shareholder dilution.