Nasdaq-listed business intelligence firm MicroStategy has further cemented its position as the leading corporate holder of Bitcoin after a major $4.6 billion acquisition of 51,780 BTC, bringing its total holdings to a staggering 331,200 coins.

According to data from BitcoinTreasuries, MicroStrategy has bought its Bitcoin stash at an average cost of $49,874 per BTC, having spent a total of $16.5 billion to acquire the BTC that is now worth over $30 billion, given the cryptocurrency’s recent rise to over $90,000 per coin.

Michael Saylor, MicroStrategy’s co-founder and Chairman, has revealed that the company’s treasury operations delivered a ‘BTC Yield’, the company metric to gauge the effectiveness of its BTC investment strategy, of 41.8%.

Saylor noted that this equates to around 246 BTC per day being “acquired without the cost, energy consumption, or capital expenditures typically associated with Bitcoin mining.” The company has been financing its Bitcoin allocations through debt issuance.

The company has also recently announced plans to raise $1.75 billion by offering senior convertible notes at a 0% interest rate. The firm is set to “use the net proceeds from this offering to acquire additional bitcoin and for general corporate purposes.”

The convertible notes offering will see it offer the notes at a discount and the notes maturing at face value if they aren’t converted prior to their 2029 maturity date. If the entirety of the proceeds are used to buy BTC, it could see it accumulate an additional 19,000 BTC.

The accumulation comes at a time in which Wall Street giant Goldman Sachs has revealed in a new filing with the U.S .Securities and Exchange Commission that it significantly increased its exposure to spot Bitcoin exchange-traded funds (ETFs).

In a new 13F filing, the Wall Street titan revealed it holds $710 million worth of various spot Bitcoin ETFs, including 12.7 million shares in BlackRock’s iShares Bitcoin Trust (IBIT), valued at around $461 million.