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22h ago

Strategy’s STRC Preferred Shares Begin Trading on Nasdaq After Record $2.5B IPO

The company has used $2.474 billion in net proceeds to purchase 21,021 Bitcoin, raising its total holdings to 628,791 coins valued at $46.8 billion.

Strategy BTC
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bitcoin and ethereum

Overview

  • STRC shares began trading today on the Nasdaq Global Select Market under the ticker STRC, marking their official market debut.
  • The IPO was upsized fivefold from its $500 million target to $2.5 billion due to strong investor demand, making it the largest U.S. public offering of 2025.
  • After fees and expenses, Strategy netted $2.474 billion and immediately acquired 21,021 Bitcoin at an average price of $117,256 per coin.
  • With the new purchase, Strategy’s Bitcoin holdings now total 628,791 BTC, acquired at an average cost of $73,227 and valued at over $46.8 billion.
  • Designed as the first U.S.-listed perpetual preferred security from a Bitcoin treasury company, STRC offers monthly dividends set by the company’s board.