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Michael Saylor’s %Strategy (NASDAQ: $MSTR ) continues to acquire %Bitcoin (CRYPTO: $BTC ) as the price declines from its recent highs.

In recent days, Strategy acquired 130 additional Bitcoin at a cost of $10.7 million U.S. The company spent an average of $82,300 U.S. per Bitcoin on its latest purchases.

Strategy, formerly known as MicroStrategy, is a software company turned serial Bitcoin acquirer.

Already the largest corporate owner of Bitcoin in the world, Strategy has a stated goal to purchase as many as 500,000 BTC.

In a social media post on March 17, Strategy founder Michael Saylor announced the latest Bitcoin purchases by the Virginia-based company.

Strategy now holds 499,226 BTC that have been bought for a little more than $33 billion U.S. at an average price of around $66,360 U.S. per BTC.

The company recently announced plans to raise additional capital to fund more BTC buying despite the current market downturn and macroeconomic uncertainty.

Specifically, Strategy said that it plans to raise $21 billion U.S. through a stock sale to help bolster its Bitcoin portfolio.

The stock of Strategy has risen nearly 100%, or doubled, in the last 12 months. Its shares currently trade at $297.49 U.S. each.

Bitcoin is now trading at $83,000 U.S., having fallen nearly 25% from an all-time high of just over $109,000 U.S. reached in January of this year.