MicroStrategy (NASDAQ:MSTR), led by Michael Saylor, has acquired an additional 3,000 Bitcoins for approximately $155 million, according to securities filings on Monday. The average price per Bitcoin in this purchase was $51,813. Following this acquisition, MicroStrategy now holds 193,000 Bitcoins as of February 25, 2024, acquired for approximately $6.09 billion, with an average price of $31,544 per Bitcoin.

With current Bitcoin prices, MicroStrategy’s Bitcoin holdings are valued at just under $10 billion, resulting in a return of nearly 63%. The announcement of this purchase led to a more than 1.8% increase in MicroStrategy’s shares during premarket trading. MicroStrategy has been one of the most prominent corporate advocates of Bitcoin, consistently adding to its holdings as part of its strategy to hold Bitcoin as a treasury reserve asset.