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Technique Doubles Down: 21,021 Bitcoin Acquired After Document $2.5B IPO for New “Stretch” Inventory

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Michael Saylor’s Bitcoin powerhouse, Technique (previously MicroStrategy), has formally closed the most important U.S. IPO of 2025, elevating $2.521 billion by way of the general public sale of its newly launched Stretch Most well-liked Inventory (STRC) to accumulate 21,021 Bitcoin (BTC) at a mean value of $117,256 per coin.

Technique has acquired 21,021 BTC for ~$2.46 billion at ~$117,256 per bitcoin and has achieved BTC Yield of 25.0% YTD 2025. As of seven/29/2025, we hodl 628,791 $BTC acquired for ~$46.08 billion at ~$73,277 per bitcoin. $MSTR $STRK $STRF $STRD $STRC https://t.co/PEQQGfvkYe

— Michael Saylor (@saylor) July 29, 2025

The historic capital elevate was achieved by way of the sale of 28,011,111 shares of Variable-Fee Sequence A Perpetual Stretch Most well-liked Inventory at $90 per share, leading to web proceeds of roughly $2.474 billion after deducting charges.

In keeping with Technique’s official announcement, STRC is predicted to start buying and selling on the Nasdaq International Choose Market on or about July 30, 2025, below the ticker STRC.

Technique STRC Providing: From $500M Pitch to $2.5B BTC Juggernaut

Initially marketed as a $500 million elevate simply final week, Technique’s providing shortly ballooned amid institutional curiosity. The STRC Sequence A shares carry a 9% dividend and signify the primary U.S. exchange-listed perpetual most well-liked safety issued by a Bitcoin treasury firm with a board-determined month-to-month dividend charge coverage.

🚀 Michael Saylor’s @MicroStrategy has expanded its most well-liked fairness sale to $2B from $500M to accumulate extra Bitcoin.#Technique #Bitcoin #MicroStrategyhttps://t.co/E0t1v4QWC1

— Cryptonews.com (@cryptonews) July 24, 2025

That is additionally the most important U.S. exchange-listed perpetual most well-liked inventory providing since 2009 and the most important U.S. IPO of 2025, based mostly on gross proceeds.

Following this buy, Technique now holds 628,791 BTC, acquired at a complete price of $46.8 billion with a mean buy value of $73,227 per BTC, together with charges. The agency has persistently led company BTC adoption, typically issuing new debt or fairness to fund continued accumulation.

Supply: Technique

This newest haul, powered by the Stretch providing, reaffirms Saylor’s long-term conviction in Bitcoin as “digital property,” whereas additionally introducing a brand new monetary instrument designed to draw income-focused traders to the crypto ecosystem.

Between July 14 and July 20, Technique raised $740.3 million throughout 4 courses of securities, together with frequent inventory and numerous most well-liked shares. These choices fall below giant multibillion-dollar issuance packages, some approved for as a lot as $21 billion per class, displaying Saylor’s continued capacity to systematically convert fairness into long-term Bitcoin reserves at an institutional scale.

The publish Technique Doubles Down: 21,021 Bitcoin Acquired After Document $2.5B IPO for New “Stretch” Inventory appeared first on Cryptonews.

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