In a groundbreaking move, corporate Bitcoin treasury firm Strategy has completed a $2.5B IPO to acquire 21,021 Bitcoins, solidifying its position as the largest corporate holder of the cryptocurrency. This bold play underscores the growing institutional adoption of Bitcoin as digital property.
Strategy’s Record-Breaking Bitcoin IPO
Strategy has made waves in the Bitcoin news cycle with its $2.52 billion IPO, the largest U.S. offering of 2025. The company issued Variable-Rate Series A Perpetual Stretch Preferred Stock (STRC) at $90 per share, raising $2.474 billion in net proceeds. These funds were immediately deployed to purchase 21,021 Bitcoins at an average price of $117,256 per coin.
Corporate Bitcoin Treasury Growth
This acquisition brings Strategy’s total Bitcoin holdings to 628,791 BTC, with a cumulative acquisition cost of approximately $46.8 billion. The company’s aggressive treasury expansion includes:
- Monthly dividend payments of 9% to STRC shareholders
- Listing on Nasdaq Global Select Market
- Execution of the 42/42 program aiming to raise $84 billion by 2027
Michael Saylor’s Bitcoin Vision
CEO Michael Saylor continues to champion Bitcoin as “digital property,” with Strategy serving as the prime example of corporate Bitcoin adoption. The company has utilized a mix of equity and debt financing to grow its holdings, setting a precedent for other corporations.
Market Impact and Future Outlook
While Bitcoin prices remain below $120,000, on-chain data shows increased whale activity, indicating long-term bullish sentiment. Strategy’s year-to-date return on its Bitcoin portfolio stands at 25%, though the company has slowed its acquisition pace in late July.
FAQs About Strategy’s Bitcoin Move
Q: How many Bitcoins does Strategy now hold?
A: Strategy currently holds 628,791 BTC, making it the largest corporate Bitcoin holder.
Q: What is the STRC stock?
A: STRC is Strategy’s Variable-Rate Series A Perpetual Stretch Preferred Stock, offering a 9% annual dividend.
Q: Why did Strategy slow its Bitcoin purchases in late July?
A: The company may be evaluating market conditions before making further acquisitions, showing a more measured approach.
Q: What is the 42/42 program?
A: Strategy’s ambitious plan to raise $84 billion by 2027 for additional Bitcoin purchases.
