Michael Silver-led strategy firm has raised $715 million in new capital to bolster its Bitcoin treasury. The funding came through a public offering of its first perpetual euro-denominated shares (STRE), with higher-than-expected institutional demand driving the offering from $405 million to $715 million.
At the same time as raising this capital, the strategy has purchased 397 new Bitcoins, bringing its total holdings to 641,205 BTC, worth approximately $64.2 billion.
The company's Bitcoin holdings have returned 26% since the beginning of 2025. With this move, the strategy joins the top 10 corporate treasuries in the US, alongside giants like Apple and Google.
Despite heavy corporate accumulation,
Bitcoin's recent price swings in the $100,000 range have made many investors cautious.
However, the strategy emphasizes its long-term approach: Bitcoin remains the company's main treasury asset.
