Strategy Acquires 21,021 Bitcoin After Record $2.5 Billion Stock Offering


Michael Saylor's Strategy has purchased another 21,021 $BTC at an average price of $117,256 per coin.


The company now holds 628,791 $BTC worth nearly $74 billion as of July 29.


The purchases were funded by Strategy's "Stretch" preferred stock offering raising $2.521 billion.


This marks the largest U.S. IPO completed in 2025 and biggest perpetual preferred stock offering since 2009.


#Strategy targets $84 billion in total capital raises through 2027 under its "42/42" plan.


The company pioneered the digital asset treasury model, inspiring hundreds of other firms to adopt #Bitcoin strategies.


TD Cowen projects Strategy could add over 17,000 $BTC over the next decade without diluting common equity.

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July 30, 2025 at 12:33 AM
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