Michael Saylor’s Strategy (formerly MicroStrategy) adds to its Bitcoin treasury with two recent purchases disclosed in company filings. Last week, Strategy buys 1,587 BTC for $100 million, according to a U.S. Securities and Exchange Commission 8-K filing. The company reports the BTC is acquired at an average price of about $63,024 per coin, bringing its overall average cost basis to roughly $75,656. After the purchase, Strategy’s holdings rise to 846,842 BTC, with sources citing a total acquisition cost around $64.07 billion and an estimated current value near $56 billion.

Strategy also reports a separate Bitcoin purchase earlier in the same period: it adds 520 BTC for about $35 million and increases its USD reserve to about $1.4 billion. Both acquisitions are funded primarily through sales of Strategy’s Class A common stock (MSTR). For the week covering the 1,587 BTC purchase, Strategy says it raises about $209 million by selling about 1.73 million MSTR shares, according to the filing. Some outlets note the company’s frequent buying cadence and that its stock-based funding comes alongside recent movements in its preferred share programs.