29.07.2025 21:09

Strategy, a prominent cryptocurrency investment firm, significantly boosted its Bitcoin holdings following a massively successful initial public offering (IPO). The company raised a staggering $2.5 billion through the sale of its STRC preferred stock, representing the largest US public offering of 2025. This substantial capital infusion was then strategically deployed to acquire 21,021 Bitcoin.

Initially aiming for a $500 million offering, Strategy's IPO was dramatically oversubscribed, highlighting the intense investor interest in the firm's strategy. Driven by strong demand, the offering was upsized considerably, ultimately raising $2.521 billion in gross proceeds from the sale of its Series A perpetual preferred shares, priced at $90 each. After accounting for expenses, Strategy secured a net amount of $2.474 billion.

This considerable sum was immediately channeled into the purchase of Bitcoin, with Strategy acquiring 21,021 BTC at an average price of $117,256 per coin, a figure remarkably close to the market price at the time of the purchase. This latest acquisition brings Strategy's total Bitcoin holdings to a phenomenal 628,791 BTC.

The implications of this transaction are considerable. With an average cost basis of $73,227 per Bitcoin, Strategy now holds over $46.8 billion in Bitcoin, solidifying its position as the world's largest corporate holder of the cryptocurrency. Furthermore, the STRC shares, offering monthly dividends, commenced trading on Nasdaq under the ticker STRC, marking a first for a US-listed perpetual preferred security issued by a Bitcoin treasury company. This innovative financing strategy underscores Strategy's unique approach to managing and growing its Bitcoin holdings.