Bitcoin\u2019s role has shifted this year from a fringe asset to a mainstream treasury play, with public companies now treating it like gold on their balance sheets. That trend has shaped much of 2025\u2019s corporate finance game plan.<\/p>\n
The standout, of course, is MicroStrategy \u2013 now doing business as Strategy. It just raised about $310 million by issuing new common stock, and put the funds toward a new purchase of 3,081 BTC \u2013 a $357 million investment that adds to Strategy\u2019s total stockpile of 632,457 BTC.<\/p>\n
But at the same time, another corporate experiment is gaining ground. HYLQ Strategy<\/a> is now mirroring Strategy\u2019s model \u2013 only instead of Bitcoin, they\u2019re focusing on Hyperliquid\u2019s HYPE token. Could HYLQ be the best crypto stock to buy now?<\/p>\n This publication is sponsored. CryptoDnes does not endorse and is not responsible for the content, accuracy, quality, advertising, products or other materials on this page.<\/strong><\/em><\/span><\/p>\n Strategy has once again leaned on its at-the-market equity program to buy Bitcoin. The firm recently sold $310 million worth of new common shares, and used the proceeds to grab almost $357 million<\/a> worth of BTC last week \u2013 its first equity-funded buy in nearly a month.<\/p>\n The move followed the loosening of a self-imposed rule that had limited share issuance under certain valuation thresholds. This change gives Strategy more flexibility to issue shares whenever it sees a good chance to stack BTC.<\/p>\n Strategy has acquired 3,081 BTC for ~$356.9 million at ~$115,829 per bitcoin and has achieved BTC Yield of 25.4% YTD 2025. As of 8\/24\/2025, we hodl 632,457 $BTC<\/a> acquired for ~$46.50 billion at ~$73,527 per bitcoin. $MSTR<\/a> $STRC<\/a> $STRK<\/a> $STRF<\/a> $STRD<\/a>https:\/\/t.co\/Amqo0Rzlsi<\/a><\/p>\n \u2014 Strategy (@Strategy) August 25, 2025<\/a><\/p><\/blockquote>\n
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\nBreakdown of MicroStrategy\u2019s Latest Bitcoin-Funded Stock Sale<\/h2>\n
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