MicroStrategy's Record $2.52 Billion STRC IPO Boosts Bitcoin Reserves, Saylor Projects $10 Million BTC

MicroStrategy, now rebranded as Strategy, recently completed a landmark $2.52 billion initial public offering (IPO) for its Variable Rate Series A Perpetual Stretch Preferred Stock (STRC), with proceeds immediately channeled into acquiring 21,021 additional bitcoins. This significant financial maneuver comes as Executive Chairman Michael Saylor continues to articulate an exceptionally bullish outlook for Bitcoin, predicting a future valuation of $10 million per coin. The IPO, which closed on July 29, 2025, represents the largest U.S. IPO of the year to date and underscores the company's aggressive Bitcoin acquisition strategy and its expanding suite of digital asset-backed financial products.

Saylor, a prominent Bitcoin advocate, emphasized his long-term vision in a recent interview, stating, "> “Bitcoin Will Be $10 Million!”" and characterizing the current price as a "> 99% Discount Opportunity." He positions Bitcoin as "digital gold," a superior store of value, and highlights a pivotal shift in the financial landscape where traditional institutions are increasingly embracing digital assets. This perspective suggests a fundamental re-evaluation of Bitcoin's role in global finance.

The company notes an acceleration in institutional adoption, with major banks revising their crypto policies. Saylor observed that "> Institutional Adoption Accelerates" and discussed "> Major Banks and the New Crypto Policies," indicating a growing acceptance of Bitcoin as collateral and a legitimate asset class within the traditional banking system. This regulatory and institutional embrace is seen as a crucial catalyst for Bitcoin's continued growth and market integration.

The STRC offering itself is designed to attract income-focused investors, providing a novel way to gain exposure to Bitcoin's underlying value. It functions as a "> Bitcoin Money Market," offering variable monthly dividends, initially at 9.00% per annum, with a tax-equivalent yield potentially reaching 17% to 20% due to its structure as a return of capital dividend. This innovative financial engineering aims to provide high yields in a "> Lower-Rate World," making Bitcoin-backed credit an attractive alternative to conventional fixed-income instruments.

With the proceeds from the STRC IPO, Strategy's total Bitcoin holdings have reached approximately 628,791 BTC, acquired at an average price of $73,227 per bitcoin. The successful offering and the strategic deployment of capital reinforce Strategy's position as a leading Bitcoin treasury company, continuously innovating to expand access to the digital asset ecosystem for a broader range of investors while pursuing its ambitious long-term price targets for Bitcoin.