Strategy Completes Major IPO and Expands Bitcoin Holdings

According to BlockBeats, Strategy (MSTR) has successfully completed the initial public offering (IPO) of 28,011,111 shares of its floating rate Series A perpetual preferred stock, "STRC," at a price of $90 per share. This IPO is the largest in the United States for 2025 and one of the most significant cryptocurrency-related offerings in recent years. STRC is expected to be listed on the Nasdaq Global Select Market under the ticker symbol "STRC" around July 30, 2025. The total funds raised from this transaction amount to approximately $2.521 billion. Strategy has increased its Bitcoin holdings by acquiring 21,021 Bitcoins at a total value of approximately $2.46 billion, with an average purchase price of about $117,256 per Bitcoin. The company has achieved a 25.0% return on Bitcoin investments so far in 2025. As of July 29, 2025, Strategy holds a total of 628,791 Bitcoins, valued at approximately $73.73 billion, with an average cost of $73,277 per Bitcoin and a total expenditure of about $46.08 billion.