STRC IPO Dey Raise $2.47B; Strategy Don Buy 21K BTC, 628K Total
Strategy, di biggest corporate Bitcoin treasury company for worldwide, don increase di size of their Series A perpetual preferred share offering for Nasdaq under ticker STRC to raise $2.52 billion gross proceeds ($2.47 billion net). Dis STRC IPO na di biggest US public offering wey dey 2025, e bring out di first US-listed perpetual preferred security from one Bitcoin treasury company wey dey pay monthly variable dividends. Strategy use di net proceeds buy 21,021 Bitcoin for average price $117,256 per coin, e grow their total holdings to 628,791 BTC wey dem get for average cost $73,227 and di value over $46.8 billion. On-chain data show say di number of whale wallets wey dey hold more than 10,000 BTC drop reach less than 90 addresses, one multi-year low. Strategy aggressive accumulation no follow dis trend, e show dem get confidence for long-term value of Bitcoin. As of July 29, 2025, di company report say dem get 25% year-to-date yield on their Bitcoin treasury. Dis STRC IPO confirm say institutional interest for bitcoin dey grow and fit affect market sentiment and demand.
Bullish
Strategy successful $2.47 billion STRC IPO plus immediate reinvestment for 21,021 BTC na mean say serious institutional demand shock. For short term, this big accumulation dey support Bitcoin price by reducing available supply and dey give confidence signal to other market people. The multi-year low for whale wallets with over 10,000 BTC dey tighten supply even more, e dey increase upward pressure. For long term, the launch of first US-listed perpetual preferred security from Bitcoin treasury company—with monthly dividends—go increase institutional access, fit attract new capital, strengthen bullish fundamentals and set example for similar products.