30.07.2025 07:19

MicroStrategy, the renowned software company, has successfully concluded a substantial $2.52 billion initial public offering (IPO) for its bitcoin-centric subsidiary, Strategy (STRC). This significant capital injection will primarily fuel further investment in Bitcoin.

Remarkably, almost the entirety of the net proceeds, totaling $2.47 billion, has been immediately deployed to acquire a staggering 21,021 additional Bitcoins. This impressive purchase, averaging $117,256 per Bitcoin, significantly expands MicroStrategy's already substantial Bitcoin holdings.

As a result of this latest acquisition, MicroStrategy now boasts an enormous Bitcoin treasury of 628,791 coins, acquired at an average cost of approximately $73,277 per coin. This acquisition solidifies MicroStrategy's position as the undisputed leading corporate holder of Bitcoin globally.

The Strategy (STRC) shares are poised to commence trading on the Nasdaq exchange on July 30th, at an initial price of $90 per share. This IPO represents the largest in the United States so far in 2024, underscoring the significant market interest and confidence in MicroStrategy's Bitcoin strategy. The company is expected to release its quarterly financial results later this week. This information was compiled from internet sources.