MicroStrategy now owns 279,420 Bitcoin purchased for $11.9 billion at an average price of $42,692 per BTC. MicroStrategy announced in a post on Monday that it has acquired 27,200 Bitcoin for $2 billion, bringing its total BTC holdings to 279,420 BTC.

While some investors hold back from buying Bitcoin when it reaches new highs, MicroStrategy has doubled down, demonstrating a strong commitment to the cryptocurrency. In a Nov. 11 announcement, the business intelligence firm turned Bitcoin (BTC) investor said it bought 27,

MicroStrategy has acquired 27,200 more Bitcoin for over $2 billion, boosting the value of its portfolio to about $23.5 billion as some analysts say Bitcoin is headed for $100K.

MicroStrategy makes its largest Bitcoin purchase, boosting its total holdings to 279,420 BTC, which is worth $23 billion.

Michael Saylor's MicroStrategy, the largest corporate holder of bitcoin, has bought another 27,200 BTC for $2 billion.Its bitcoin stash was

MicroStrategy (NASDAQ:MSTR) jumped 8.8% in Monday premarket trading after the business software company disclosed a big purchase of bitcoins (BTC-USD) as the token's value has surged since Donald Trump won a second term as president.