Strategy Drives Bitcoin Treasury with $2.5 Billion IPO, Acquires 21,021 BTC
Strategy, formerly known as MicroStrategy, has made headlines again by raising an astonishing $2.52 billion in an IPO dubbed the “Stretch”. This new capital will enable the company to acquire an additional 21,021 BTC, bringing its total holdings to 628,791 BTC.
On the first day of trading, the IPO was the largest in the United States for 2025. With a monthly dividend structure of 9%, the news is expected to catch the attention of income-focused investors, while also offering a unique vehicle for maintaining BTC exposure without the volatility of the spot market. Additionally, Strategy鈥檚 business model has pivoted more towards a Bitcoin-centric framework, which marks a significant shift in how corporate treasuries might operate.
馃毃BREAKING馃毃 Strategy bought 21,021 Bitcoin for approximately $2.46 billion. They now hold 628,791 BTC
- Quinten | 048.eth (@QuintenFrancois) July 30, 2025
The IPO’s original target was $500 million, but due to high demand, it ultimately raised $2.52 billion from 28,011,111 shares priced at $90 each. After fees, the company netted approximately $2.474 billion.
Key Takeaways
- Michael Saylor announced another Bitcoin buy for $2.46 billion.
- Strategy owns one of the largest Bitcoin stacks, indicating a lack of diversification in its investments.
This marks a pivotal moment in the corporate finance landscape, demonstrating how companies can reimagine their treasury strategies with digital assets.
