Strategy Raises $2.5 Billion In 2025’s Biggest Stock Offering As It Pushes Total Stash To 628,791 BTC
Main Idea
MicroStrategy raised $2.5 billion through a stock offering to purchase an additional 21,021 Bitcoin, increasing its total holdings to 628,791 BTC.
Key Points
1. MicroStrategy purchased 21,021 Bitcoin for $2.4 billion, bringing its total holdings to 628,791 BTC, valued at approximately $74 billion.
2. The latest Bitcoin purchase had an average price of $117,256, raising MicroStrategy's overall average purchase price to $73,227.
3. The funding came from the sale of 28 million shares of Variable Rate Series A Perpetual Preferred Stock (STRC) at $90 per share, generating $2.5 billion in gross proceeds.
4. STRC is set to begin trading on Nasdaq, offering monthly, board-adjusted dividends for retail income-focused investors.
5. MicroStrategy has used various fundraising vehicles, including STRC, STRK, STRF, and STRD, to support its Bitcoin acquisition strategy.
Description
Strategy purchased the latest BTC tranche for $2.4 billion, taking its total holdings to 628,791 BTC, worth roughly $74 billion at current prices.
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