MicroStrategy Inc. is powering returns in the $310 billion market for US convertible bonds on the back of Bitcoin’s historic advance.

MicroStrategy stock has risen more than 25% Monday, hitting a record high as investors react to Bitcoin’s surge and the company’s purchase of some 27,200 coins over the past two weeks.The company is the largest corporate holder of Bitcoin,

MicroStrategy's Bitcoin acquisition boosts holdings to 279,420 BTC, buying 27,200 for $2.03B via share sales, averaging $74,463 per BTC.

Bitcoin development company MicroStrategy now has nearly $23 billion in "digital gold" after snapping up another $2 billion worth.

The company is the largest corporate holder of Bitcoin, with a stake of 279,420 coins. It disclosed early Monday that it had bought the additional coins for about $2 billion from

MicroStrategy (MSTR) surged 25%, reaching a new all-time high of $340, exceeding its dotcom-era record, as Bitcoin hit unprecedented levels. The company’s acquisition of over 27,000 BTC boosted its holdings to over 279,

Fresh off a $2 billion Bitcoin acquisition, MicroStrategy's share price hit an all-time high Monday, breaking a nearly 25-year-old record.

SaylorTracker data shows that MicroStrategy's Bitcoin portfolio is worth over $20.67 billion, with a return on investment (ROI) of 107.8%.

MicroStrategy (NASDAQ:MSTR) shares scaled their highest level on Monday since the dot-com bubble in March 2000. Bitcoin hit an all-time high at $89,560.95 on Monday.

A major Bitcoin investment fund just announced a ten-figure buy of the cryptocurrency. MicroStrategy Inc. said Monday that it spent the the first weeks of November stockpiling the digital asset, and its shares are up 17% in Monday trading.