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The firm now holds over 244,800 bitcoin, founder Michael Saylor said in an X post.

The company was the owner of 190,000 bitcoin as of the end of January.

The National Center for Public Policy Research, a conservative think tank, has notified shareholders of Microsoft that it intends to propose a Bitcoin Diversification Assessment at the company’s annual meeting on Dec. 10, a filing shows.

Seven days after hitting the market, the T-REX 2X Long MSTR Daily Target ETF (MSTU) has become one of the most successful new exchange-traded funds (ETFs) on the market after attracting over $72 million.

With the latest acquisition, the company now holds 252,220 bitcoin worth nearly $16 billion at current prices.

The company's bitcoin yield thus far this quarter is 7.4% and over 26% year-to-date.

The District of Columbia sued Saylor in 2022 for allegedly not paying income taxes while living in the district.