Bitcoin Magazine Strategy Purchases 21,021 Bitcoin After $2.52 Billion IPO

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 shareholders.

The stock is set to begin trading on the Nasdaq Global Sele

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