Bitcoin News Today: Strategy Inc. Buys 21,021 Bitcoin for $2.5 Billion in Record Stock Offering

Strategy Inc., formerly known as MicroStrategy, has executed its most significant Bitcoin acquisition to date, purchasing 21,021 BTC for approximately $2.5 billion. The transaction was funded through a record-breaking $2.521 billion IPO of Variable Rate Series A Perpetual STRC Preferred Stock, with each Bitcoin acquired at an average price of $117,256 [1]. This purchase brings the company’s total Bitcoin holdings to 628,791 BTC, valued at around $46.8 billion, with an average cost basis of $73,227 per unit [4]. The firm now holds an estimated 62% of all corporate Bitcoin reserves globally [6], reinforcing its status as the largest institutional Bitcoin holder.

The IPO, initially seeking $500 million, was oversubscribed due to strong investor interest and priced at $90 per share [2]. The net proceeds of $2.474 billion were used to expand Strategy’s Bitcoin treasury, marking the largest U.S. public listing of 2025 [3]. The firm has consistently pursued a Bitcoin Treasury Strategy, viewing the cryptocurrency as a superior store of value and hedge against inflation [5]. This approach reflects a broader trend among corporations seeking to diversify their reserves with digital assets in response to macroeconomic uncertainty [7].

Experts suggest that Strategy’s accumulation of Bitcoin is part of a structural shift in corporate treasury management, where firms are increasingly prioritizing assets that resist devaluation [8]. The company’s move has drawn both praise and criticism, with proponents highlighting Bitcoin’s scarcity and decentralization, while skeptics warn of liquidity risks associated with its volatility [9].

Analysts predict that if corporate accumulation continues at this pace, Bitcoin could potentially reach $150,000 by mid-2026. However, such forecasts are speculative and depend on market dynamics and broader institutional adoption. Meanwhile, Strategy remains committed to its long-term vision, asserting that Bitcoin represents the future of sound money in an evolving financial landscape [3].