Shares of MicroStrategy Inc. entered record territory Monday for the first time in 24 years, as the self-proclaimed largest corporate holder of bitcoin continued to ride the postelection frenzy in cryptocurrency plays.

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,

MicroStrategy Inc. (MSTR) has executed its largest bitcoin (BTC-USD) acquisition since initiating its cryptocurrency strategy four years ago. The company bought approximately 27,200 bitcoins for $2.03 billion.