In a groundbreaking move, Strategy, formerly MicroStrategy, has acquired $2.46 billion worth of Bitcoin, further solidifying its position as the largest corporate holder of BTC. Meanwhile, BTCS is making waves with a $2 billion fundraising effort focused on Ethereum. Here’s what you need to know about these institutional crypto moves.
Strategy’s Massive Bitcoin Accumulation
Strategy has purchased an additional 21,021 BTC, valued at $2.46 billion, using proceeds from its $2.521 billion IPO. This brings their total Bitcoin holdings to 628,791 BTC with a combined cost basis of $46.08 billion. Key details:
- Largest single Bitcoin acquisition of 2025
- Accounts for over 0.1% of Bitcoin’s total supply
- STRC offering set a record as largest U.S. perpetual preferred stock IPO since 2009
Institutional Confidence in Crypto Grows
The parallel moves by Strategy and BTCS highlight increasing institutional confidence in cryptocurrencies as strategic reserves. Strategy’s Bitcoin stash is currently generating a 25.0% yield in 2025, with an unrealized profit of $28.1 billion.
BTCS’s Ethereum-Focused Expansion
BTCS Inc. has announced a $2 billion fundraising effort via an S-3 registration statement filed with the SEC. The company plans to use proceeds for:
- Digital asset purchases (primarily Ethereum)
- Working capital
- General corporate purposes
What This Means for Crypto Markets
These developments signal a maturing landscape where firms are tailoring their crypto strategies to specific blockchain ecosystems. The use of equity offerings to finance digital-asset acquisitions indicates growing sophistication in crypto capital markets.
Frequently Asked Questions
How much Bitcoin does Strategy currently hold?
Strategy now holds 628,791 BTC with a combined cost basis of $46.08 billion.
What was unique about Strategy’s IPO?
The $2.521 billion STRC offering was the largest U.S. perpetual preferred stock IPO since 2009 and the first such issuance backed by Bitcoin.
What is BTCS planning with its $2 billion raise?
BTCS intends to use the funds primarily for Ethereum purchases, along with working capital and general corporate purposes.
How has Strategy’s Bitcoin investment performed?
Strategy’s Bitcoin stash is currently generating a 25.0% yield in 2025, with an unrealized profit of $28.1 billion.
