MicroStrategy, the business intelligence firm led by Bitcoin enthusiast Michael Saylor, has once again demonstrated its unwavering belief in Bitcoin. On November 11, the company revealed it purchased an additional 27,200 BTC for approximately $2.03 billion in cash, paying an average of $74,463 per coin. This acquisition raises MicroStrategy's total holdings to 279,420 BTC, valued at around $23 billion at current market prices.

The purchases were strategically funded through the issuance and sale of company shares. Since August, MicroStrategy has sold about 7.8 million shares, raising close to $2 billion to fuel its Bitcoin acquisition strategy. This move aligns with the firm’s ambitious BTC-focused approach, boasting a year-to-date Bitcoin yield of 26.4%.

MicroStrategy’s Bitcoin investment strategy has gained significant attention following a notable surge in its stock price, which climbed 19.9% after the confirmation of Donald Trump’s presidential victory on November 5. The company’s decision to increase its Bitcoin holdings follows years of consistent investment, with data from “Saylor Tracker” — a portfolio tracker named after the company's chairman — showing MicroStrategy’s Bitcoin ROI exceeding 100% as of November 10.

BitcoinTreasuries data further underscores MicroStrategy’s position as the largest corporate Bitcoin holder, well ahead of Marathon Digital and Riot Platforms, which hold approximately $2.1 billion and $840 million in BTC, respectively. With a clear strategy to leverage both equity and Bitcoin, MicroStrategy’s bold approach continues to set it apart, sparking intrigue and debate within the financial world.