Bitcoin News Today: MicroStrategy Raises $2.5 Billion in 2025's Largest IPO to Buy 21,021 More Bitcoin

MicroStrategy has raised $2.5 billion through the issuance of its newly created perpetual preferred stock, STRC, making it the largest U.S. IPO in terms of gross proceeds in 2025 and the biggest U.S. exchange-listed perpetual preferred stock offering since 2009 [1]. The company used the funds to acquire an additional 21,021 Bitcoin, bringing its total Bitcoin holdings to 628,791 BTC, valued at approximately $74 billion at current prices [1]. The average purchase price for the latest Bitcoin acquisition was $117,256, raising the company’s overall average purchase price to $73,227 [1].

The newly issued Variable Rate Series A Perpetual Stretch Preferred Stock (STRC) offers a variable 9% dividend and is expected to begin trading on the Nasdaq [1]. MicroStrategy described the offering as a significant milestone for both the company and the broader market [1]. This is the latest in a series of fundraising instruments used by the firm, including Strike (STRK), Strife (STRF), and Stride (STRD), which offer varying dividend structures to attract a range of investors [1].

Founded by Michael Saylor, MicroStrategy has become one of the largest corporate holders of Bitcoin since it began its acquisition strategy in 2020. The company's approach has influenced a growing trend among publicly listed firms to incorporate cryptocurrencies into their treasuries. According to Bitcointreasuries.net, at least 160 publicly listed entities have established their own Bitcoin treasuries [1]. This trend has seen notable acceleration since former U.S. President Donald Trump returned to political prominence in January 2025 [1].

The STRC offering is part of MicroStrategy’s broader strategy to finance its aggressive Bitcoin accumulation. The firm aims to position itself as a leading example in the corporate adoption of digital assets. STRC is the first U.S. exchange-listed perpetual preferred security issued by a Bitcoin treasury firm to offer monthly, board-adjusted dividends, targeting retail income-focused investors [1]. The company’s stock offerings have continued to evolve, with each new instrument tailored to different investor needs and preferences.

MicroStrategy's continued investment in Bitcoin highlights its confidence in the long-term value of the digital asset. The company’s approach contrasts with more traditional treasury strategies, emphasizing Bitcoin’s potential to generate substantial returns. As the firm’s Bitcoin holdings grow, so too does the influence of its corporate strategy on the broader crypto and financial markets [1].

Source: [1] Strategy Raises $2.5 Billion In 2025’s Biggest Stock Offering As It Pushes Total Stash To 628,791 BTC (https://zycrypto.com/strategy-raises-2-5-billion-in-2025s-biggest-stock-offering-as-it-pushes-total-stash-to-628791-btc/)