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,

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

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,

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

AI education firm Genius Group plans to hold Bitcoin as a reserve asset, with an aim to have the coin make up 90% of its treasury.

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.

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

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.