MicroStrategy, the bitcoin-focused development company, has continued its streak of increasing its bitcoin holdings, purchasing an additional 2,138 BTC for $209 million during the week ending December 29. This latest acquisition brings the company’s total bitcoin reserves to 446,400 BTC, solidifying its position as the largest publicly traded holder of the cryptocurrency.

Executive Chairman Michael Saylor teased the purchase on Sunday with a post on X. The average price for this batch of bitcoin was $97,837, which raised MicroStrategy’s overall average purchase price to $62,428 per bitcoin.

The company financed this acquisition through its at-the-market (ATM) share sale program, which still has $6.88 billion in available funds.

MicroStrategy also made headlines last week by joining the Nasdaq 100 index, where it currently holds the 57th spot with a 0.38% index weighting.

Despite these developments, the company’s stock is down 40% from its peak of $533 on November 21, and it has slipped 3% in pre-market trading, now trading around $320 per share.