Tysons Corner, VA – Strategy, formerly known as MicroStrategy, has successfully completed a $2.521 billion Initial Public Offering (IPO) of its STRC preferred stock. The substantial capital raise, priced on July 24, 2025, was immediately deployed to acquire 21,021 Bitcoin (BTC) at an average price of approximately $117,256 per coin. This move underscores the company's continued commitment to its digital asset treasury strategy, as reported by Cointelegraph on social media.
The STRC preferred stock offering, officially known as Variable Rate Series A Perpetual Stretch Preferred Stock, was priced at $90 per share. The net proceeds, estimated at approximately $2.5 billion, were earmarked primarily for the expansion of the company's Bitcoin holdings. This financial engineering tactic allows Strategy to raise significant capital without diluting common stock ownership.
Following the IPO, Strategy executed one of the largest corporate Bitcoin purchases in recent months, securing 21,021 BTC. This acquisition aligns with the company's long-term conviction in Bitcoin as a store of value and a core component of its corporate treasury. The average purchase price of $117,256 reflects the current market valuation of the cryptocurrency.
Under the leadership of Executive Chairman Michael Saylor, Strategy has pioneered the corporate adoption of Bitcoin as a primary treasury asset since 2020. The company, which rebranded from MicroStrategy in February 2025, has consistently utilized various capital-raising mechanisms, including debt and equity offerings, to fund its aggressive Bitcoin accumulation strategy. This approach has positioned Strategy as a leading corporate holder of the digital asset.
Strategy's continued leveraging of traditional financial instruments to acquire Bitcoin solidifies its role as a proxy for investors seeking exposure to the cryptocurrency. This strategic maneuver highlights a growing trend among corporations to integrate digital assets into their balance sheets, influencing broader market dynamics and institutional interest in the crypto space. The company's consistent accumulation demonstrates its unwavering belief in Bitcoin's long-term value proposition.