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| Bitcoin Public Offering |
Strategy's $2.5B preferred stock offering fuels record-setting BTC acquisition
Record Bitcoin Purchase Announced
Michael Saylor has completed a historic Bitcoin purchase through his firm, Strategy, totaling 21,021 BTC. The acquisition was funded by a $2.5 billion public offering, setting a new benchmark in corporate Bitcoin investments. The average purchase price was $117,256 per Bitcoin, reflecting high investor confidence in BTC’s long-term trajectory.
Preferred Stock Offering Sets New Records
To fund the buy, Strategy issued 28 million shares of perpetual preferred stock at $90 per share. The offering marks the largest U.S. IPO of 2025 and the biggest perpetual preferred stock issuance since 2009. Saylor’s firm emphasized the transaction’s importance for both corporate finance and the Bitcoin ecosystem.
Largest Corporate Bitcoin Holder Reaffirmed
With the new acquisition, Strategy now holds 628,791 BTC — the largest amount owned by a single corporate entity. This purchase reaffirms Michael Saylor’s long-term bullish stance on Bitcoin and its role as digital gold. Meanwhile, market analysts are watching for follow-on effects in both institutional crypto adoption and regulatory circles.
Coin Market 24/7 Commentary
Michael Saylor's strategic Bitcoin purchase highlights the evolving role of tokenized assets in capital markets. His use of perpetual preferred shares may set a precedent for crypto treasury operations in public companies. This bold move reasserts Bitcoin's relevance as a macro hedge, especially amid rising institutional inflows.