Michael Saylor’s MicroStrategy (MSTR) has once again increased its bitcoin (BTC) reserves, marking the tenth consecutive week of acquisitions and reinforcing its aggressive strategy of adopting bitcoin as a primary treasury asset.

The company purchased 2,530 BTC during the week ending January 12, spending $243 million. This latest acquisition raises MicroStrategy’s total holdings to 450,000 BTC, purchased at an average price of $95,972 for this tranche and $62,691 overall.

Saylor previewed the news in a post on X over the weekend before addressing executives at the ICR Conference in Orlando on Monday. During his presentation, he called on companies to prioritize bitcoin over bonds, labeling bonds as “toxic assets,” according to Bloomberg.

“Bitcoin’s performance since 2020, when MicroStrategy first adopted it, has far outpaced that of bonds, which have been in a steady decline over the same period,” Saylor said, highlighting bitcoin’s potential as a long-term store of value.

MicroStrategy shares were down nearly 5% in premarket trading Monday, mirroring bitcoin’s 2.5% drop, which saw the cryptocurrency trading just above $90,000.

Joining the corporate bitcoin adoption trend, Semler Scientific (SMLR) revealed it had acquired 237 BTC for $23.3 million at an average price of $98,267, funded through proceeds from an at-the-market (ATM) equity offering and operating cash flow. This brings Semler’s total holdings to 2,321 BTC, with a cumulative investment of $191.9 million at an average purchase price of $82,867.

Semler’s shares fell almost 7% in premarket trading, mirroring the cautious sentiment across the broader crypto and equity markets. Both companies’ moves underline the growing appeal of bitcoin as a corporate asset, despite the ongoing volatility in the crypto space.