Strategy, the main company of the company treasure Bitcoin, has announced that it has purchased 21,021 BTC at an average price of $ 117,256, using the proceeds of its ipo from $ 2.52 billion of perpetual perpetual actions (Strc). The acquisition brings the total participations of the strategy to 628,791 BTC, worth approximately $ 80 billion.
The offer, at the price of $ 90 per share for 28,011,111 shares, is the largest US IPO of 2025 and one of the largest shares related to Bitcoin in recent history. The strategy earned $ 2,474 billion after the expenses and used almost everything to buy more bitcoins, continuing its aggressive accumulation strategy without diluting common shareholders.
The stock is destined to start negotiating the Global Select Nasdaq market around 30 July under the Ticker Strc. The stock presents an annual dividend to 9% variable, paid monthly and is designed to exchange close to its nominal value of $ 100. It is the first perpetual preferred security in the United States by a Bitcoin Treasury company with a monthly dividends rate.
It is the largest issue of privileged actions listed on the stock exchange since 2009 and introduces short -term safety and generation of income designed to appeal to investors focused on performance. The strategy also maintains the rights of reimbursement and re -sections, together with investors protections such as reimbursement options for dividends and taxes.
“Morgan Stanley, Barclays, Moelis & Company and TD Securities have acted as a relative manager of books,” said the press release. “The reference company, Clear Street, Amerivet Securities, Bancroft Capital, Kefe, Bruyette & Woods and Maxim Group LLC have been co-gestors.”

Just a week earlier, the strategy revealed a bitcoin purchase of $ 740 million 6,220 BTC, pushing its total participations well above 600,000 BTC. TD Cowen Project analysts The company could acquire another 17,000 BTCs in the next decade as part of its 42/42 program, which aims to collect $ 84 billion for Bitcoin purchases by 2027.