Strategy Fuels Bitcoin Treasury with $2.5B “Stretch” IPO, Adds 21,021 BTC

Strategy (previously MicroStrategy) just raised another monstrous $2.52 billion through its “Stretch” IPO to stack another 21,021 BTC. That’s now a total of 628,791 BTC sitting on its corporate books. The STRC preferred shares start trading on Nasdaq today, and it’s the biggest U.S. IPO of 2025. Monthly 9% diidents, accumulation, and Michael Saylor is.. The post Strategy Fuels Bitcoin Treasury with $2.5B “Stretch” IPO, Adds 21,021 BTC appeared first on 99Bitcoins.

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Jul 31, 2025 - 00:00

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Strategy Fuels Bitcoin Treasury with $2.5B “Stretch” IPO, Adds 21,021 BTC

Strategy (previously MicroStrategy) just raised another monstrous $2.52 billion through its “Stretch” IPO to stack another 21,021 BTC. That’s now a total of 628,791 BTC sitting on its corporate books.

The STRC preferred shares start trading on Nasdaq today, and it’s the biggest U.S. IPO of 2025. Monthly 9% diidents, BTC ▼-1.12% accumulation, and Michael Saylor is still going max leverage. This might just redefine how corporate treasury is done.

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Strategy Monster Play and BTC is the Endgame

Let’s not sugarcoat this, Strategy just pulled a monster move. The “Stretch” IPO was originally pegged for $500 million but exploded in demand, closing out at $2.52 billion raised from 28,011,111 shares at $90 a piece. After fees, they walked away with $2.474 billion in cold, hard cash.

And Strategy simply dragged to the max the indicator and clicked the buy button for all that money, and acquired 21,021 BTC. The average price of execution is $117,256 per coin. And this looks more and more like a full pivot into a Bitcoin-first business model.