Strategy Now Holds 628,791 Bitcoins After $2.5 Billion in New Investments
Strategy, a publicly traded company known for its aggressive Bitcoin investment model, announced it has invested in 21,021 Bitcoins.
Notably, this large acquisition follows a record-breaking $2.5 billion stock offering. The acquisition brought the company's total Bitcoin holdings to 628,791 Bitcoins, solidifying its position as the largest corporate holder of the cryptocurrency.
Specifically, the acquisition was funded by Strategy's fourth preferred stock offering, STRC (Variable Rate Series A Perpetual Preferred Stock), which sold 28 million shares at $90 per share, raising $2.5 billion.
The IPO was initially targeted at $500 million but was significantly increased in size due to strong investor demand. As a result, it has become the largest U.S. initial public offering (IPO) of 2025.
This milestone surpassed other major IPOs this year, including stablecoin issuer Circle's $1 billion IPO in June.
The average price of newly acquired BTC was $117,256 per coin. Considering the firm's historical acquisition record, its average BTC purchase price currently stands at $73,277. As of July 29, the firm had invested approximately $46.08 billion in Bitcoin. Notably, Strategy reported a 25% year-to-date return on its BTC holdings.