 
 
Strategy has once again added to its massive Bitcoin (BTC) stack. The Michael Saylor-led treasury company announced on Tuesday that it had acquired another 21,021 Bitcoins after pulling off the largest crypto-linked equity raise this year.
Strategy, of course, is gorilla among corporate Bitcoin holders with more than 628,000 coins.
Strategy Added 21,021 Bitcoin For $2.4 Billion
Strategy purchased the latest BTC tranche for $2.4 billion, taking its total holdings to 628,791 BTC, worth roughly $74 billion at current prices. This latest Bitcoin average purchase price was $117,256, increasing MicroStrategy’s overall average purchase price to $73,227.
The purchases were funded by the closing of Strategy’s STRC, the company’s newly created class of perpetual preferred stock that offers a variable 9% dividend. Strategy sold over 28 million shares of this Variable Rate Series A Perpetual Stretch Preferred Stock (STRC) to investors priced at $90 per share, raking in about $2.5 billion in gross proceeds.
“The STRC transaction marks several significant milestones for both Strategy and the market,” the software intelligence firm said in the press release. “With approximately $2.521 billion of gross proceeds, this is the largest U.S. IPO completed in 2025 to date based on gross proceeds and the largest U.S. exchange-listed perpetual preferred stock offering in the U.S. since 2009.”
 
Strategy indicated that STRC is set to begin trading on the Nasdaq on Wednesday, positioning it as the first US exchange-listed perpetual preferred security issued by a Bitcoin treasury firm to pay monthly, board-adjusted dividends aimed at retail income-focused investors.
STRC is Strategy’s latest fundraising vehicle used by the Virginia-based firm to fund its aggressive Bitcoin acquisition strategy.
Others include Strike (STRK), a convertible share with an 8% fixed dividend; Strife (STRF), non-convertible with a 10% fixed cumulative yield; and Stride (STRD), which pays a 10% non-cumulative annual dividend.
Saylor and Strategy started buying Bitcoin in 2020 to generate huge returns for investors, kickstarting a trend of crypto treasury companies that has gone into a frenzied state since President Donald Trump returned to power in January.
Data from Bitcointreasuries.net shows that at least 160 publicly listed entities have created their own Bitcoin treasuries. But it’s not just the premier crypto, now publicly traded companies like BitMine Immersion Technologies and SharpLink Gaming are creating massive treasuries of Ether (ETH), while others have built strategies to accumulate Solana, Ripple’s XRP, and even BNB.
Source: https://zycrypto.com/strategy-raises-2-5-billion-in-2025s-biggest-stock-offering-as-it-pushes-total-stash-to-628791-btc/