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.

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Bitcoin climbed to a fresh record high earlier Monday , continuing a strong run of gains since Donald Trump's election as U.S. president raised hopes for friendlier cryptocurrency regulations.

The Bitcoin rate immediately grew by almost 3% and reached a record high of $81,792.

The world's largest digital currency, as well as cryptocurrency markets in general, have been on the rise since Trump's election victory last week. The president-elect promised to make the United States the "crypto capital" of the world.

Bitcoin has gained more than 16% in the last week and is up 91% in 2024.

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Matrixport believes that changes in the US Securities and Exchange Commission (SEC) guidelines will have a significant impact on the crypto market. For digital assets to be more widely accepted, 8% of the world's population needs to start using cryptocurrency in their everyday lives, the experts noted.

In their opinion, the general mood of market participants is positive, and possible political reforms play into the hands of cryptocurrencies.

“A proposal to approve digital gold as a strategic reserve asset would trigger a rally, with the US government being able to purchase up to 5% of the available supply,” the report said.

If this scenario is realized, Bitcoin will gain even greater legitimacy in the financial market, which will increase interest in the asset from institutions and governments, accelerate its popularization and push the price to new historical highs, experts suggest.

If the new White House administration supports the crypto market by creating transparent and liberal conditions for its activities, then it will prosper, analysts noted.

Earlier, investor and founder of Pomp Investments Anthony Pompliano said that Bitcoin has gained the status of the main tool for increasing financial stability among large corporations, including MicroStrategy, MetaPlanet and Semler Scientific.

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