🏦 Strategy Turns IPO Windfall Into Bitcoin Power Play — 21,
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Updated at: 20 hours ago
{"content":"🏦 Strategy Turns IPO Windfall Into Bitcoin Power Play — 21,000+ BTC Acquired! 🚀💼
Strategy (MSTR), the world's biggest Bitcoin (BTC) treasury corporation, closed its 28,011,111 share variable rate series A perpetual stretch preferred stock IPO.
This $90 per share offering is the biggest US IPO of 2025 and one of the largest crypto-related offers in recent years. STRC is expected to begin trading on the Nasdaq Global Select Market on July 30, 2025.
Strategy to Increase Bitcoin Holdings
After underwriting discounts and offering fees, the IPO raised $2.521 billion in gross funds and $2.474 billion in net proceeds, according to the Tuesday release.
Strategy will buy 21,021 BTC at $117,256 apiece with these monies. This acquisition will bring the company's Bitcoin holdings to 628,791 at an aggregate cost of $46.8 billion, or $73,227 per bitcoin, including fees and expenditures.
Analysts expect Strategy's stock to improve after these strategic changes. NewsBTC expects the company's second-quarter loss per share to drop 84% year-over-year due to Wall Street's favorable forecast.
Analysts anticipate Strategy will earn $7.30 per share this year, up 209% from last year.
Barclays analyst Ramsey El-Assal raised his MSTR price target from $421 to $475 while retaining a “Overweight” rating, indicating his confidence in the company's efforts.
Brett Knoblauch of Cantor Fitzgerald decreased his price objective from $619 to $614 but maintained a “Overweight” rating, believing Strategy can maintain its superior net asset value while expanding its Bitcoin holdings.
H.C. Wainwright analysts boosted MSTR's price objective from $480 to $521, noting the company's updated 2025 forecast and aggressive capital-raising ambitions.
The study also states that 11 of 13 analysts tracking the company rank it “Strong Buy,” one “Moderate Buy,” and one “Strong Sell.” TD Cowen's highest objective is $680, while the consensus is $543.62.
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