Strategy purchased another 21,021 bitcoins, bringing its total holdings to 628,791 bitcoins

Strategy, the Bitcoin vault company led by Michael Saylor, announced it has purchased an additional 21,021 Bitcoins at an average price of approximately $117,300, bringing its total holdings to 628,791 Bitcoins, equivalent to approximately $74 billion at current market capitalization. This purchase was funded by Strategy's fourth round of "Stretch" preferred stock (STRC) offerings, which were priced at $90 per share and raised approximately $2.521 billion. This marks the largest US IPO of 2025 to date and the largest perpetual preferred stock offering in the US stock market since 2009.