Strategy, founded by Michael Saylor, has adapted its financial strategies by completing the largest public offering in the U.S. in 2025, significantly increasing its Bitcoin holdings.
Bitcoin Acquisition and IPO
Strategy acquired 21,021 Bitcoin following a successful initial public offering (IPO) raising $2.5 billion, making it the largest IPO in the U.S. this year. According to BitcoinTreasuries.NET, the average price per Bitcoin in the transaction was $117,256, bringing the company’s total Bitcoin holdings to 628,791 BTC.
STRC Preferred Stock Debuts on Nasdaq
The STRC preferred stock is scheduled to begin trading on Nasdaq, marking the first perpetual preferred shares issued by a Bitcoin treasury company listed on a U.S. exchange. It will offer monthly, board-adjusted dividends for investors seeking regular income. Among the financial instruments for Bitcoin acquisition are: * Strike (STRK) – a convertible share with an 8% fixed dividend * Strife (STRF) – a non-convertible preferred stock with a 10% cumulative yield * Stride (STRD) – offers a 10% non-cumulative dividend.
Market Reaction and Outlook
Shares of Strategy (MSTR) closed down 2.26% on the announcement day but experienced a slight after-hours gain of 0.52%, settling at $396.7. So far in 2025, MSTR shares have gained roughly 31.55%, a tempered rise compared to a staggering 358.55% increase in 2024. This Bitcoin purchase occurred just days before the company's second-quarter earnings report, which will provide insight into capital deployment and Bitcoin holdings as of June 30.
Strategy continues to influence corporate adoption of Bitcoin, leveraging innovative financing to deepen its position in the cryptocurrency market.
