• In the last two months, MicroStrategy purchased 7,002 bitcoins for $414.1 million, raising its total holdings to 121,044.
• It paid an average price of $59,189 per bitcoin, which was lower than the previous high of $69,000 but higher than the previous day's price of $59,000.
• The tech firm, led by crypto bull Michael Saylor, has stated that it will continue to add to its bitcoin holdings.

MicroStrategy, the analysis software company led by crypto bull Michael Saylor, has purchased more bitcoin as part of its pledge to continue buying more of the top digital currency.

The company claimed in a Securities and Exchange Commission report Monday that it purchased 7,002 bitcoins for $414 million in its fourth quarter, which ran from October 1 to November 29. It now has 121,045 tokens in its inventory.

During a period when the Bitcoin surged and then plummeted, it paid an average of $59,189 per bitcoin. In October, bitcoin began to rise as a result of the SEC's approval of the first bitcoin futures ETFs. According to CoinGecko data, it reached a record high of $69,044 on November 10 but has since fallen to $56,959 on Monday.

Regardless of the cryptocurrency's price fluctuations, MicroStrategy and its CEO Saylor have consistently stated that they will continue to expand their bitcoin stockpile for many years to come.

In an interview with CNBC earlier this month, Saylor said that the company "will continue to purchase [bitcoin] quarter by quarter, time to time, either with cash flows, debt, or stock, just based on market conditions and what appears to be the most beneficial to our shareholders."

MicroStrategy now holds 121,044 bitcoins, with each token costing an average of $29,534 each. According to the report, its holding is worth around $6.89 billion at current prices, but it cost the corporation $3.57 billion to purchase.

In its most recent financial report, MicroStrategy reported $754.7 million in impairment losses on its bitcoin holdings. That figure may have modified as a result of the cryptocurrency's subsequent surge.

In early Monday trading, MicroStrategy's stock was up 2.83 percent at $681.73, bringing its year-to-date gain to more than 75 percent.

Other companies have placed large bets on bitcoin, but MicroStrategy is regarded as the market leader. Elon Musk's electric car company Tesla has 42,902 bitcoins worth $2.45 billion, according to Bitcoin Treasuries. Square, the digital payments startup founded by Jack Dorsey, has 8,027 bitcoins worth $459.5 million, while Galaxy Digital, founded by Mike Novogratz, has 6,400 bitcoins worth $938.8 million.