Following a highly successful stock offering, Strategy has significantly expanded its cryptocurrency holdings by purchasing an additional 21,021 Bitcoin. The acquisition, worth approximately $2.46 billion and funded through proceeds from the company’s recent STRC initial public offering, represents the firm’s largest Bitcoin purchase so far in 2025.
The company acquired each Bitcoin at an average price of $117,256, bringing its total cryptocurrency reserves to an impressive 628,791 BTC. Based on cumulative acquisition costs, these holdings now carry a valuation of $46.8 billion. With an average purchase price of $73,227 per Bitcoin, Strategy has achieved a 25% yield year-to-date on its cryptocurrency investments.
Record-Breaking Public Offering
The STRC initial public offering generated gross proceeds of $2.521 billion, establishing itself as the largest U.S. IPO of 2025 and the most substantial crypto-related public offering in recent memory. After deducting expenses and underwriting fees, the company retained $2.474 billion in net capital, with nearly the entire amount allocated to Bitcoin purchases.
BREAKING: Strategy has acquired 21,021 BTC for $2.46B at $117,256 per coin, bringing 2025 YTD Bitcoin yield to 25.0%.
As of July 29, they now hold 628,791 BTC worth $46.08B, with an average price of $73,277.
Saylor just keeps stacking. pic.twitter.com/yWr6r5a3t8
— ᴄʜɪᴍᴇᴢɪᴇ ₿📈 (@ogamezy) July 30, 2025
Strategy had previously communicated its intention to direct STRC proceeds toward Bitcoin acquisitions. This latest purchase exceeds the company’s earlier cryptocurrency investments this year, including acquisitions worth $1.92 billion in March and $1.34 billion in May, further cementing its status as the largest public holder of Bitcoin.
Innovative Financial Instrument Launch
The STRC listing on Nasdaq, anticipated around July 30, will introduce several groundbreaking features to the market. It will become the first exchange-listed perpetual preferred security directly linked to a Bitcoin treasury while offering monthly dividend payments. Additionally, Strategy indicates this instrument will pioneer the use of board-determined monthly dividend rates, establishing a new framework for cryptocurrency-backed income products.
Throughout 2025, Strategy has demonstrated its commitment to Bitcoin accumulation through multiple capital raises. The company previously secured over $2.3 billion through its STRK, STRF, and STRD offerings, creating the financial infrastructure for this latest substantial acquisition.
Market reaction to the announcement has been somewhat muted, with MicroStrategy shares—often considered a barometer for Strategy’s cryptocurrency exposure—declining over 2% during regular trading hours. The stock continues to trade flat in after-hours sessions, hovering just below the $400 threshold.
Market Ramifications
This substantial Bitcoin acquisition reinforces institutional confidence in cryptocurrency as a treasury asset, though immediate market response remains measured. The neutral market sentiment suggests investors are carefully evaluating the long-term implications of Strategy’s aggressive accumulation strategy.
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