MicroStrategy (MSTR), a prominent player in the bitcoin investment space, has officially entered the top 100 publicly traded U.S. companies, now holding the 97th spot in market capitalization.

The company saw a 12% spike in its stock price on Tuesday, pushing shares above $400, which aligned with Bitcoin’s surge to new all-time highs above $94,000. This strong performance helped MicroStrategy climb 29 places in the rankings.

As Bitcoin continued its upward trajectory on Wednesday, MicroStrategy announced it had upsized its convertible debt offering to $2.6 billion, up from the original $1.75 billion. The additional capital will be used to buy more bitcoin. By premarket Wednesday, MicroStrategy’s stock had risen another 6.6%, contributing to a staggering 528% gain year-to-date.

This marks MicroStrategy’s sixth convertible debt issuance, with maturities ranging from 2027 to 2032, and the $2.6 billion offering being the largest so far. As of November 18, the company holds 331,200 bitcoins, valued at over $30 billion, reinforcing its growing market cap nearing $100 billion.