MicroStrategy is making waves in the crypto world with its latest Bitcoin investment. The company announced on November 11 that it purchased 27,200 BTC for approximately $2.03 billion, paying an average of $74,463 per coin. This move brings their total holdings to 279,420 BTC, valued at nearly $23 billion.

The purchases were funded by selling shares, with MicroStrategy offloading around 7.8 million shares for $2 billion. Their Bitcoin yield has been impressive, hitting 7.3% from October 1 to November 10, and 26.4% year-to-date. The firm remains the largest corporate Bitcoin holder, showcasing a strong commitment to the cryptocurrency.