Michael Saylor’s approach said it bought 21,021 Bitcoin after raising $ 2.5 billion from the fourth preferred stock – STRC – making it the biggest initial public offer in 2025 to date.
Strategy, with the greatest handling of bitcoin (BTC) in public companies, Says On Tuesday that its latest purchase was at an average purchase price of $ 117,256 per coin, carrying a total stash at 628,791 BTC. Buying is the largest firm since March 31, Bitcointreasuries.net Data Shut up.
The company formerly known as Microstrategy raised $ 2.5 billion by selling 28 million sharing Variable Rate Series A Perpetual preferred stock (STRC) for $ 90 each, which Standing from an initial goal of $ 500 million.
The approach marked it as the largest Ipo in the US in 2025 in terms of gross proceeds. The deal is more than twice as much as the expected $ 1 billion IPO for the Stablecoin Issuer Circle Internet Group, which went public in June.
The latest use of its plan approach to use financial products to buy Bitcoin. The firm has used equity, debt and modified notes to fund Bitcoin purchases, influenced by at least 160 companies that have exchanged publicly to incorporate cryptocurrency with their balance of sheets.
STRC is NASDAQ-Bound
The approach said the STRC was set to start trading in NasdaQ on Wednesday, which was positioned as the first US listed in Perpetual Perpetual Security issued by a Bitcoin Treasury company to pay monthly, suited dividends dedicated to income -focused investors.
Strc is the latest in the strategy series of Perpetual preferred offerings Used to supply its bitcoin purchase.
Others include strike (strk), a modified part in an 8% fixed dividend; The conflict (strf), cannot be changed to a 10% aggregate yield; and Stride (strd), which pays a 10% non-combined dividend.
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Mstr flat after bell
Strategy shares (MSTR) closed the trade on Tuesday down 2.26% and saw small motion after the bell following the announcement of the Bitcoin’s latest purchase company, rising 0.52% after time at $ 396.7, Google Finance Data Shut up.
The MSTR has reached 31.55% to this year – a moderate increase from 2024 when the company’s sharing increased by 358.55%.
The latest purchase of the strategy will come two days before the second-quarter revenue report on Thursday, which will show how the firm’s capital has increased and the purchase of Bitcoin until June 30 affects its balance.
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