In a groundbreaking move, MicroStrategy has completed a $2.52 billion IPO, significantly expanding its Bitcoin holdings to 628,791 BTC. This marks 2025’s largest crypto-linked offering, showcasing growing institutional confidence in Bitcoin as a treasury asset.
MicroStrategy’s $2.52B IPO: A Game-Changer for Bitcoin
MicroStrategy Inc. (MSTR) has made history with its $2.52 billion initial public offering, the largest cryptocurrency-related IPO of 2025. The company issued 28 million shares of Variable Rate Series A Perpetual Stretch Preferred Stock at $90 per share, raising approximately $2.47 billion after expenses.
How MicroStrategy’s Bitcoin Holdings Reached 628,791 BTC
The company allocated the IPO proceeds to acquire 21,021 additional Bitcoin units at an average price of $117,256 per coin. This brings their total holdings to 628,791 BTC, making MicroStrategy the largest corporate holder of Bitcoin.
Why Institutional Investors Are Betting Big on Bitcoin
MicroStrategy’s strategy reflects growing institutional interest in Bitcoin as:
- A hedge against inflation
- A balance sheet diversification tool
- A long-term store of value
The Risks and Rewards of Corporate Bitcoin Accumulation
While MicroStrategy’s stock has surged 131% year-to-date, critics warn about potential market volatility and liquidity strains from large-scale Bitcoin accumulation by corporations.
FAQs About MicroStrategy’s Bitcoin Strategy
Q: How much Bitcoin does MicroStrategy now hold?
A: As of July 2025, MicroStrategy holds 628,791 BTC.
Q: What was the average purchase price of MicroStrategy’s Bitcoin?
A: The company’s average purchase price is $117,256 per Bitcoin.
Q: Who are MicroStrategy’s major investors?
A: Vanguard Group has emerged as MicroStrategy’s top investor.
Q: How does this IPO compare to others in the crypto space?
A: This is the largest cryptocurrency-related IPO of 2025 and the most substantial U.S. perpetual preferred stock issuance since 2009.
