Strategy, the Bitcoin-focused company led by Michael Saylor, has purchased an additional 21,021 BTC at an average price of $117,256 per coin.
The acquisition, announced on Tuesday, brings the company's holdings to 628,791 BTC, worth approximately $74 billion as of July 29.
The purchase was financed through Strategy's latest preferred stock offering, Variable Rate Series A Perpetual Stretch Preferred Stock (STRC), which raised approximately $2.521 billion.
The company sold more than 28 million shares at $90 each in what it claims is the largest US initial public offering of 2025 by gross proceeds and the largest offering of perpetual preferred shares since 2009.