Quarterly Earnings of Strategy Skyrocket; Announces $4.2 Billion STRC Program to Acquire Additional Bitcoin
MicroStrategy Raises $4.2 Billion in New Offering, Bolsters Bitcoin Holdings
In a significant move, tech company MicroStrategy (NASDAQ: MSTR) has announced a new offering of $4.2 billion, reinforcing CEO Michael Saylor's long-standing belief in Bitcoin as a superior corporate treasury asset. This latest move builds on the momentum of four other ATM programs already in operation.
The financial institutions that signed a contract with MicroStrategy to raise up to 4.2 billion dollars in capital are not explicitly named in the provided search results. However, the company has revealed that it plans to use the funds for general corporate purposes, including the acquisition of bitcoin.
The new offering was announced alongside MicroStrategy's Q2 earnings report, which showed a net income of $10.02 billion. This impressive figure was driven primarily by $14 billion in unrealized gains on MicroStrategy's digital asset portfolio. The company's Bitcoin holdings swelled to 628,791 coins, accounting for nearly 3% of the total circulating supply.
Operating income for the second quarter of 2025 was approximately $14.03 billion, a stark contrast to a loss of $200.3 million in the second quarter of 2024. Net income was $10.02 billion, or $32.60 per share. Total revenues were $114.5 million, a 2.7% increase year-over-year.
The company's capital raising activities have resulted in its Bitcoin per Share ("BPS") increasing by 25% year-to-date. MicroStrategy closed a $2.52 billion IPO for STRC in 2025, adding 21,021 BTC to its treasury. The company plans to pay a commission of 2 percent of the total raised funds to the financial institutions selling its shares.
MicroStrategy has raised over $10 billion through various programs in 2025. The company's stock value has surged by almost 3000% since it began its Bitcoin acquisitions. The new offering reinforces MicroStrategy's commitment to its digital asset strategy and underscores the company's belief in the potential of Bitcoin as a corporate treasury asset.
As a result of the new offering, MicroStrategy has raised its full year BTC Yield and BTC $ Gain KPI targets to 30% and $20 billion, respectively. This ambitious target underscores the company's confidence in its digital asset strategy and its commitment to maximizing returns for its shareholders.
In conclusion, MicroStrategy's latest offering of $4.2 billion marks a significant step forward in the company's digital asset strategy. The company's commitment to Bitcoin and its digital asset portfolio is evident in its impressive financial results and its ambitious targets for the future. As the company continues to innovate and invest in digital assets, it will be interesting to see how its strategy evolves and what impact it will have on the wider digital asset market.
