Strategy May Have Acquired Over 21,000 Bitcoin Following $2.5 Billion Preferred Stock Offering

• Strategy’s $2.5 billion preferred stock offering is the largest US IPO in 2025 so far.

• The company bought Bitcoin at an average price of $117,256 per coin, its biggest purchase since March 31.

• STRC, the new preferred stock, will trade on Nasdaq, offering monthly dividends to income-focused investors.

Strategy expands Bitcoin holdings with $2.5B preferred stock IPO, boosting BTC stash to 628,791. Discover the latest on STRC’s Nasdaq debut and market impact.

Strategy’s $2.5 Billion Preferred Stock Offering Fuels Bitcoin Accumulation

Strategy, formerly MicroStrategy, raised $2.5 billion by issuing 28 million shares of its Variable Rate Series A Perpetual Preferred Stock (STRC) at $90 each. This upsized offering surpassed the initial $500 million target, becoming the largest US IPO in 2025 by gross proceeds. The capital raised funded the purchase of 21,021 Bitcoin at an average price of $117,256 per coin, increasing the company’s total Bitcoin holdings to 628,791 BTC, the largest among publicly traded firms.

STRC Preferred Stock Set for Nasdaq Trading

STRC is scheduled to begin trading on Nasdaq, marking a milestone as the first US exchange-listed perpetual preferred security issued by a Bitcoin treasury company. It offers monthly, board-adjusted dividends tailored for income-focused investors. This offering complements Strategy’s existing preferred stocks, including Strike (STRK) with an 8% fixed dividend, Strife (STRF) with a 10% cumulative yield, and Stride (STRD) paying a 10% non-cumulative dividend.

Source: Michael Saylor

Market Reaction and Upcoming Earnings Report

Following the announcement, Strategy’s shares (MSTR) closed down 2.26% but gained 0.52% in after-hours trading, closing at $396.7. The stock has risen 31.55% year-to-date, a moderate increase compared to the 358.55% surge in 2024. The firm’s second-quarter earnings report, due Thursday, will reveal how recent capital raises and Bitcoin acquisitions have affected its financial position.

Strategy’s Influence on Corporate Bitcoin Adoption

Strategy’s innovative use of equity, debt, and convertible notes to finance Bitcoin purchases has set a precedent, inspiring over 160 publicly traded companies to add cryptocurrency to their balance sheets. This trend underscores the growing institutional acceptance of Bitcoin as a treasury asset, reflecting evolving corporate finance strategies.

Source: Strategy

What is Strategy’s approach to Bitcoin acquisition?

Strategy’s approach to Bitcoin acquisition involves raising capital through preferred stock offerings and other financial instruments to purchase Bitcoin at strategic prices. This method allows the company to steadily increase its Bitcoin holdings while providing investors with dividend-paying securities linked to its treasury assets.

How does STRC benefit income-focused investors?

STRC offers monthly, board-adjusted dividends, making it attractive to income-focused investors seeking exposure to Bitcoin through a structured financial product. As the first US exchange-listed perpetual preferred security from a Bitcoin treasury company, STRC provides a novel investment vehicle combining income generation with cryptocurrency exposure.

Frequently Asked Questions

How did Strategy fund its recent Bitcoin purchase?

Strategy funded its recent acquisition of 21,021 Bitcoin by raising $2.5 billion through the sale of 28 million shares of its preferred stock offering, STRC, priced at $90 per share.

What makes STRC unique among preferred stocks?

STRC is unique as the first US exchange-listed perpetual preferred stock issued by a Bitcoin treasury company, providing monthly dividends and targeting income-focused investors.

Key Takeaways

• Largest US IPO in 2025: Strategy’s $2.5 billion preferred stock offering leads the year’s IPOs by gross proceeds.
• Significant Bitcoin accumulation: The firm increased its Bitcoin holdings to 628,791 BTC with an average purchase price of $117,256.
• Innovative financial products: STRC offers monthly dividends and is Nasdaq-listed, enhancing investor access to Bitcoin exposure.

Conclusion

Strategy’s record-breaking preferred stock offering and substantial Bitcoin purchase reinforce its position as the leading public company in Bitcoin holdings. The Nasdaq debut of STRC introduces a new income-focused investment option linked to cryptocurrency. As institutional adoption grows, Strategy’s financial innovations continue to shape corporate Bitcoin strategies, signaling a maturing market and expanding investor opportunities.