Group 1 - Cryptocurrency-related stocks experienced a decline on Monday, with notable drops in several companies [1] - Strategy (MSTR.US) fell over 5%, Coinbase (COIN.US) dropped more than 5.4%, Circle (CRCL.US) decreased by over 8%, Bitmine Immersion Technologies (BMNR.US) declined more than 6%, and SharpLink Gaming (SBET.US) fell over 5% [1] - Bitcoin's price also saw a decrease of 0.59%, falling below the $88,000 mark [1]

Core Insights - Bitcoin treasury companies are gaining popularity, with total Bitcoin holdings of public and private companies increasing nearly 450% since January 2023 [1] Company Analysis - Strategy (NASDAQ: MSTR) is recognized as the pioneer of the Bitcoin treasury model, holding approximately 660,000 Bitcoin on its balance sheet as of December 12 [2] - Strategy claims to provide "amplified exposure to Bitcoin," holding about 3% of the world's total Bitcoin supply, and has delivered a total return of nearly 1,400% since August 2020, compared to Bitcoin's 712% increase [4] - However, in 2025, MSTR has experienced a decline of 38%, while Bitcoin has decreased nearly 3%, indicating significant volatility associated with this amplified exposure [4] Market Landscape - The top 100 publicly traded Bitcoin treasury firms include well-known companies like Tesla and MercadoLibre, as well as popular stocks among retail investors such as MARA Holdings, Riot Platforms, and Cipher Mining, alongside some less reputable penny stocks [5] Investment Considerations - For investors who believe in Bitcoin as a long-term store of value, Strategy is viewed as a leveraged investment opportunity, but it is advised to consider the underlying business's growth prospects and fundamentals rather than solely its Bitcoin holdings [6] - Public and private companies are increasingly adding Bitcoin and other cryptocurrencies to their balance sheets, with Strategy being a notable example of this trend [7]

Core Insights - The company, formerly known as MicroStrategy, has resumed significant Bitcoin purchases, acquiring nearly $1 billion worth of BTC for the second consecutive week [1] - The total Bitcoin holdings now amount to 671,268 BTC, valued at approximately $60 billion based on current prices [2] - The firm has faced a decline in stock value, with a 21% drop over the past month and a 53% decrease over the last six months [3] Bitcoin Purchases - The company purchased 10,645 Bitcoin last week for $980.3 million at an average price of $92,098 per coin, following a previous purchase of 10,624 BTC for $963 million [1] - The recent purchases mark the largest weekly acquisition since late July, indicating a renewed interest in Bitcoin [3] Financial Position - The company sold $989 million worth of stock last week to finance its Bitcoin purchases, including $882 million in Class A common stock and $82 million in Series A Perpetual Stride Preferred Stock [2] - A cash reserve of $1.4 billion was established to support dividends and avoid selling Bitcoin during downturns [4] Market Sentiment - Analysts have expressed concerns regarding the company's potential exclusion from MSCI indices, which could negatively impact its stock price [5] - Cantor Fitzgerald analysts have dismissed fears about the company's Bitcoin buying strategy during price dips as unfounded [4]

Bitcoin Accumulation Strategy - Strategy doubled down on its Bitcoin accumulation strategy [1] - The company added more than 10,000 BTC to its treasury for the second week in a row [1] - The added BTC is valued at $980 million [1] Funding and Stock Performance - The latest acquisitions were funded by proceeds from the issuance and sale of the company's Class A common stock (MSTR) and perpetual preferred stocks (STRF, STRK, and STRD) [1] Market Index and Scrutiny - Strategy held onto its place in the Nasdaq 100 following the index's annual rebalancing [2] - Its MSCI fate must wait until January amid increasing scrutiny of its bitcoin-heavy business model [2]

Core Viewpoint - Investors are monitoring the Nasdaq 100's annual reconstitution to determine if Strategy (NASDAQ:MSTR), the largest corporate holder of Bitcoin, will maintain its position due to its significant Bitcoin-heavy balance sheet [1] Group 1 - The Nasdaq 100's annual reconstitution is a key event for investors [1] - Strategy (NASDAQ:MSTR) is identified as the largest corporate holder of Bitcoin [1] - Concerns exist regarding the impact of a Bitcoin-heavy balance sheet on Strategy's position in the Nasdaq 100 [1]

Bitcoin Holdings - Strategy acquired 10,645 BTC, valued at approximately $980.3 million [1] - Total Bitcoin holdings for Strategy now amount to 671,268 BTC [1]

Investment Activity - MicroStrategy purchased 10,645 Bitcoin worth $980 million [1]

Bitcoin Holdings & Acquisition - Strategy acquired 10,645 BTC for approximately $980.3 million, at an average price of around $92,098 per bitcoin [1] - As of December 14, 2025, the company holds 671,268 BTC acquired for roughly $50.33 billion, with an average acquisition cost of about $74,972 per bitcoin [1] Bitcoin Yield - The company has achieved a BTC Yield of 24.9% Year-to-Date (YTD) in 2025 [1]

Investment Activity - Michael Saylor's 'Strategy' purchased 10,645 Bitcoin [1] - The Bitcoin purchase is valued at $980 million [1]

RT Bitcoin Magazine (@BitcoinMagazine)JUST IN: Michael Saylor’s Strategy $MSTR will remain in the Nasdaq 100 index 🙌 https://t.co/Ke1KGoAGtn ...