Strategy's $2.52 billion IPO leads to a significant Bitcoin acquisition, raising its total holdings to nearly 629,000 BTC and showcasing a robust institutional interest in digital assets.
Strategy, a leading bitcoin corporate treasury company, has purchased 21,021 BTC at an average price of $117,256, funded by its $2.52 billion IPO of Series A Perpetual Stretch Preferred Stock. This acquisition increases Strategy’s total holdings to 628,791 BTC, valued at approximately $80 billion. The IPO, which is the largest in the U.S. for 2025, involved the sale of 28,011,111 shares at $90 each, netting $2.474 billion after expenses. The stock will trade on the Nasdaq under the ticker STRC and features a variable 9% annual dividend. Strategy aims to continue its aggressive bitcoin acquisition strategy and has plans to raise an additional $84 billion for future purchases by 2027, according to analysts.