MicroStrategy increased its convertible-bond offering to $2.6 billion from $1.75 billion. That means more buying of bitcoin by the world’s largest corporate holder of the crypto.

Bitcoin climbed to a record high for a second consecutive day, with MicroStrategy Inc. accelerating the pace of its massive purchases of the cryptocurrency. Most Read from BloombergParis to Replace Parking Spaces With TreesNew York’s Transit Agency Approves $9 Congestion TollTrump Promises Could Have Seismic Impact on Washington EconomyTokyo’s Scorching Summers Focus Public Anger Against Tree CuttingNY Congestion Pricing Survived a Pause.

MicroStrategy Inc.’s move to ramp up its bitcoin acquisition effort bodes well for the software company and cryptocurrency play, says analyst firm Benchmark.