Each share last traded at $94.50 on Nasdaq. There is no fixed schedule for the sales, giving the company room to pick the best moments.
Strategy (formerly MicroStrategy) reported Q2 2025 net income of $10 billion, driven by Bitcoin price gains. The company announced plans to raise $4.2 billion through STRC perpetual preferred stock to purchase additional Bitcoin. Its holdings grew nearly 20% in the quarter, from…
Strategy’s recent IPO brought in $2.52 billion. Based on reports, the firm then turned $2.46 billion of its $2.47 billion net proceeds into about 21,021 BTC.
That haul lifted its total Bitcoin stash to 628,791 coins. At an average cost of $73,227 per coin, the company now owns nearly 3% of Bitcoin’s circulating supply. This big purchase shows how Strategy uses fresh capital almost immediately to boost its holdings.
Strategy’s Q2 report shows operating income of about $14 billion. That number includes an unrealized gain of $14 billion on its Bitcoin holdings, driving a little over 7,000% jump from last year.
The company also posted a gross profit of $78 million from its software subscriptions and product licenses. In the first half of the year, Strategy raised more than $10 billion through at-the-market programs and IPOs.
At the same time, investors will watch whether the company can meet its dividend payouts if Bitcoin’s price dips. US regulators are also paying close attention to big corporate moves in crypto.
Strategy’s approach shows how a public company can use stock sales to add more Bitcoin to its balance sheet. It will face tests if markets get shaky. For now, its big backing of Bitcoin keeps the spotlight on how far corporate treasuries can go in the crypto world.
Featured image from Unsplash, chart from TradingView