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MicroStrategy (MSTR) said Monday it purchased another 55,000 worth of bitcoin last week for $5.4 billion as the world’s largest cryptocurrency was trading at all-time highs.

MicroStrategy stock recovered from a loss of more than 7% in early trading.

In a filing with the SEC, MicroStrategy said it spent $5.4 billion to acquire these bitcoin between Nov. 18-24, buying the bitcoin at an average price of $97,862.

The company said it used proceeds from convertible notes and share sales to fund the purchase.

The application software company, which has become a bitcoin proxy, has been buying tokens since 2020.

In recent weeks, it has intensified its purchases as bitcoin has rallied to highs above $99,000 following Donald Trump’s presidential win earlier this month.

As of Sunday, MicroStrategy held a total of approximately 386,700 bitcoins, acquired for an aggregate purchase price of about $21.9 billion and an average purchase price of approximately $56,761 per bitcoin.