Business intelligence and bitcoin treasury company Strategy (MSTR) said Monday it has again expanded its bitcoin holdings, acquiring nearly𓆏 $2 billion more of the digital currency.

Strategy, formerly known as MicroStrategy, said in a regulatory filing that it purchased an additional 20,356 bitcoin at an average price of $97,514. The purchase, which was funded through a 澳洲幸运5官方开奖结✤果体彩网:zero-coupon convertible note offeri🌠ng, brings the company’s tota💧l bitcoin reserves to 499,096 bitc𒈔oin.

With this latest purchase, Strategy now holds more than 2.3% of bitcoin’s fully diluted supply capped at roughly 21 million. According to bitcoin supply tracker BitcoinTreasuries, 澳洲幸运5官方开奖结果体彩网:BlackRock's iShares Bitcoin Trust (IBIT) is the only other entity with a larger share of the total bitcoin supply on its books, at nearly 2.8% of total existing bitcoin.

Largest Bitcoin Purchase Since Early December

Over the weekend, Strategy Executive Chairman 澳洲幸运5官方开奖结果体彩网:Michael Saylor telegraphed the latest purchase announcement on X, as he has done previously. Strategy has announced a new 澳洲幸运5官方开奖结果体彩网:bitcoin purchase nearly every week since November. This week's buy was the largest such purchase since Dec. 9.

Strategy has been using a combination of debt and equity 澳洲幸运5官方开奖结果体彩网:offerings to fuel its accumulation of bitcoin.

The aggressive manner in which Strategy has been accumulating bitcoin has led to a massive increase in its stock 澳洲幸运5官方开奖结果体彩网:market capitalization over the past few years; however, there are still plenty of skeptics who do not view the approach as sustainable over the long term.

Strategy shares were down about 4% in late trading Monday, though the stock is still up more than 30ও0% over the past 12 months. Bitcoin, which has traded within a relatively narrow range in recent weeks, was around $95,000, well below its record high level of around $109,000 set last month.