Business intelligence firm MicroStrategy has bought an additional 660 bitcoins, its CEO Michael Saylor announced on Twitter on Tuesday.

The purchase was made for $25 million in cash at an average price of ~$37,865 per bitcoin, Saylor said.

As of January 31st, 2022, the company held ~125,051 bitcoins, acquired for ~$3.78 billion at an average price of ~$30,200 per bitcoin, Saylor added.

The purchase comes only a week after MicroStrategy's CFO, Phong Le, said the company would continue to buy and hold Bitcoin on its balance sheet.