Michael Saylor's MicroStrategy, the largest corporate holder of bitcoin, has bought another 27,200 BTC for $2 billion. Its bitcoin stash was acquired for a cumulative $11.9 billion, meaning MicroStrategy is currently in profit to the tune of around $11 billion.

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.

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.

On Monday, business intelligence firm Microstrategy announced the purchase of additional Bitcoin (BTC) as the largest cryptocurrency on the market hit a new all-time high of $82,500, with increased

MicroStrategy now holds 279,420 Bitcoin, purchased at an average price of $42,692. Michael Saylor has utilized stock sales to grow MicroStrategy's Bitcoin holdings as a strategic corporate reserve asset.

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.