The STRC IPO raised 2.5 billion USD, significantly exceeding the initial target of 500 million USD due to strong investor demand. STRC shares will be traded on Nasdaq, being the first US-listed preferred security from a Bitcoin company.
This acquisition increased Strategy’s holdings to 628,791 BTC, with an overall average cost of 73,227 USD per coin, now valued at over 46.8 billion USD, affirming Strategy’s status as the largest Bitcoin treasury holder.
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