Strategy purchases another 21,021 bitcoins, bringing total holdings to 628,791
2025-07-29 22:22:12
Strategy, a bitcoin vault company led by Michael Saylor, announced that it has purchased another 21,021 bitcoins at an average purchase price of about $117,300, bringing its total holdings to 628,791, or about $74 billion at current market value. The purchase is funded by Strategy's fourth round of "Stretch" preference share (STRC) issuance, which is priced at $90 per share and raised a total of about $2.521 billion. It is the largest IPO in the United States in 2025 and the largest perpetual preference share issuance in the US stock market since 2009.
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