MicroStrategy's Bitcoin holdings exceed 400,000...Stock price soars 500% this year

MicroStrategy, the company with the largest Bitcoin holdings in the world, has purchased additional Bitcoin, bringing its total holdings to over 400,000 BTC.
MicroStrategy revealed on the 2nd (local time) that it had injected $1.5 billion last week and purchased an additional 15,400 BTC.
This brings the total amount of Bitcoin currently held to 402,100 BTC, exceeding the 400,000 mark, which is equivalent to 2% of the total Bitcoin.
The value of the cryptocurrency is estimated at $38.2 billion. The company's average purchase price for Bitcoin is $58,263.
MicroStrategy's stock price has soared recently as it has bought Bitcoin. It's up 65% in the past month and 502% so far this year.
That's a lot higher than Wall Street's generative artificial intelligence (AI) leader, Nvidia, which is up just 179% so far this year.
This raises the possibility that MicroStrategy will be included in the Nasdaq 100, which is scheduled to rebalance its stocks on the 13th of this month.
Not only has the stock price soared recently, but trading volume has also increased significantly, so the company is expected to easily enter the Nasdaq 100.