MicroStrategy has purchased an additional 20,356 Bitcoins using the $2 billion bond revenue. The company’s total BTC assets have reached 499,096 tokens, with the portfolio’s value standing at $47.7 billion.

Known for its significant investments in Bitcoin, MicroStrategy (MSTR) has approached half a million in BTC assets with its latest purchase.

Under the leadership of Chairman Michael Saylor, the company used the funds from last week’s $2 billion 0% interest convertible bond offering to acquire 20,356 more Bitcoins (BTC). According to the announcement made by the company on Monday, a total of $1.99 billion was spent on the purchased BTC, with an average purchase price of $97,514 per token. With this recent acquisition, MicroStrategy’s Bitcoin holdings have reached 499,096. The company has spent a total of $33.1 billion to acquire these assets, with an average purchase price of $66,357. Considering the current price of Bitcoin at $95,500, MicroStrategy’s BTC portfolio is now worth approximately $47.7 billion, indicating significant gains based on current market prices. MicroStrategy’s shares showed a slight recovery in pre-market trading on Monday, following a drop below $300 on Friday.