Strategy Doubles Down: 21,021 Bitcoin Acquired After Record $2.5B IPO for New “Stretch” Stock
Michael Saylor’s Bitcoin powerhouse, Strategy (formerly MicroStrategy), has officially closed the largest U.S. IPO of 2025, raising $2.521 billion through the public sale of its newly launched Stretch Preferred Stock (STRC) to acquire 21,021 Bitcoin (BTC) at an average price of $117,256 per coin. Strategy has acquired 21,021 BTC for ~$2.46 billion at ~$117,256 per…
