MicroStrategy has once again confirmed its status as the largest corporate holder of bitcoin, purchasing another 27,200 BTC worth about $2.03 billion. The average price per coin was $74,463.

The acquisition was announced by the company's founder and chairman, Michael Saylor.

The largest software maker currently owns 279,420 bitcoins , which are valued at almost $23 billion.

MicroStrategy said the company bought bitcoin using funds raised from issuing and selling shares. As of November 10, the firm had sold about 7.8 billion worth of securities worth $2 billion. According to the report, bitcoin's yield, which is considered the main indicator of the effectiveness of a cryptocurrency investment strategy, was 7.3% from October 1 to November 10. Since the beginning of the year, the yield has reached 26.4%.

The news of the latest Bitcoin acquisition followed a rise in the company's stock price after Donald Trump won the US presidential election on November 5. On November 8, MicroStrategy shares rose by 19.9%.

Data from Bitcoin Treasuries shows that Michael Saylor’s company has bought Bitcoin 42 times at an average price of $39,292. MicroStrategy remains the largest corporate holder of BTC, followed by miners Marathon Digital and Riot. Both companies hold about $2.1 billion and $840 million worth of the flagship cryptocurrency, respectively.