Strategy, the leading bitcoin corporate treasury company, announced it has purchased 21,021 BTC at an average price of $117,256, using proceeds from its $2.52 billion IPO of Series A Perpetual Stretch Preferred Stock (STRC). The acquisition brings Strategy’s total holdings to 628,791 BTC, valued at roughly $80 billion. The offering, priced at $90 per share for 28,011,111 shares, is the largest US IPO of 2025 and one of the biggest bitcoin-related equity raises in recent history. Strategy netted $2.474 billion after expenses and used nearly all of it to buy more bitcoin, continuing its aggressive accumulation strategy without diluting common…
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