30-7-2025 – Strategy purchased 21,021 Bitcoin for $2.47 billion following its record-breaking preferred stock sale, the company announced Tuesday, marking both its largest acquisition since March and the biggest US initial public offering this year.
The corporate Bitcoin accumulator paid an average of $117,256 per coin, bringing its total holdings to 628,791 BTC worth approximately $73.7 billion at current prices. Strategy funded the purchase through its fourth preferred stock offering, selling 28 million shares of Variable Rate Series A Perpetual Preferred Stock (STRC) at $90 each — quintupling its initial $500 million target to reach $2.5 billion in gross proceeds.
The STRC offering dwarfed Circle Internet Group’s $1 billion stablecoin IPO from June, cementing Strategy’s position as the year’s dominant public market fundraiser. The perpetual preferred shares will begin trading on Nasdaq Wednesday, making it the first exchange-listed perpetual preferred security from a Bitcoin treasury company designed to pay monthly dividends to income investors.
Strategy’s aggressive capital-raising strategy has influenced over 160 publicly traded companies to add cryptocurrency to their balance sheets, according to BitcoinTreasuries.NET data. The company has deployed a mix of equity, debt, and convertible instruments to finance its Bitcoin acquisitions, with STRC joining previous offerings including Strike (STRK), Strife (STRF), and Stride (STRD) preferred shares.
Despite the significant Bitcoin addition, Strategy shares (MSTR) closed down 2.26% Tuesday and remained flat in after-hours trading at $396.70. The stock has gained 31.55% year-to-date, a more measured performance compared to 2024’s explosive 358.55% surge.
