Business intelligence company MicroStrategy, the largest corporate holder of bitcoin, has been added to a key global equity index following a surge in its stock price.

On Tuesday, MSCI (originally Morgan Stanley Capital International), a global provider of investment decision support tools, including equity indexes, announced MicroStrategy as one of the three largest additions by market capitalization to its MSCI World Index, effective May 31.

Following its most recent bitcoin acquisition on April 29, MicroStrategy now holds 214,400 BTC, currently valued at approximately $13.5 billion. MicroStrategy’s total acquisitions were made at a cost of $7.5 billion, or an average of $35,180 per bitcoin, meaning the firm has a paper profit of around $6 billion from its bitcoin purchases.

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