Strategy Inc launches €620 million preferred stock to expand Bitcoin reserves. Investors eye 10% annual dividend from Strategy’s new STRE Stock. Offering strengthens Strategy’s position as leading Bitcoin Treasury Company globally. Strategy Inc (Nasdaq: STRF, STRC, STRK, STRD, MSTR) has announced the pricing of its initial public offering of 7,750,000 shares of 10.00% Series A Perpetual Stream Preferred Stock, known as the STRE Stock. Each share is priced at €80.00, with settlement expected on November 13, 2025, subject to customary closing conditions. The company expects gross proceeds of about €620 million, equivalent to $715.1 million, and estimated net proceeds of €608.8 million or $702.2 million after underwriting discounts and expenses. These figures are based on an exchange rate of €1.00 to $1.1534 as recorded on Bloomberg at 12:30 P.M. in New York on November 6, 2025. Also Read: Kazakhstan to Launch National Crypto Reserve Fund Valued at $500M to $1B by 2026 According to Strategy, the proceeds will support general corporate purposes, including additional Bitcoin purchases and working capital requirements. The STRE Stock will carry a cumulative dividend of 10.00% annually on a stated amount of €100 per share, payable quarterly on March 31, June 30, September 30, and December 31, beginning December 31, 2025. Dividend and Redemption Terms Detailed If any dividend remains unpaid, compounded dividends will accrue at an initial rate of 11%, rising by 1% each quarter to a maximum of 18% until full payment. The company will attempt to cover any deferred dividends by issuing other preferred or common stock, provided such actions comply with its obligations to senior dividend instruments. Strategy also retains the right to redeem all outstanding STRE Stock if the number of shares falls below 25% of the total originally issued. Redemption may also occur following specific tax events, with each redeemed share receiving its liquidation preference and any unpaid dividends. Holders will have repurchase rights in the event of a “fundamental change,” allowing them to sell shares back at €100 per share plus accumulated dividends. The liquidation preference will adjust daily to reflect market prices or averages from recent trading days. Underwriters and Company Overview Barclays, Morgan Stanley, Moelis & Company, SG Americas, TD Securities, Canaccord Genuity, and StoneX Financial are acting as joint book-running managers. The offering is conducted under an effective SEC registration statement, with prospectuses available through the SEC website and the participating banks. Strategy Inc describes itself as the world’s first and largest Bitcoin Treasury Company. The firm combines enterprise analytics with Bitcoin-focused financial strategies to provide diversified investor exposure through both equity and fixed-income instruments. Also Read: Peter Schiff Warns Bitcoin Crash Could Trigger Massive Liquidations and Losses The post Strategy Inc Prices €620 Million Preferred Stock Offering to Fund Bitcoin Acquisitions appeared first on 36Crypto. Strategy Inc launches €620 million preferred stock to expand Bitcoin reserves. Investors eye 10% annual dividend from Strategy’s new STRE Stock. Offering strengthens Strategy’s position as leading Bitcoin Treasury Company globally. Strategy Inc (Nasdaq: STRF, STRC, STRK, STRD, MSTR) has announced the pricing of its initial public offering of 7,750,000 shares of 10.00% Series A Perpetual Stream Preferred Stock, known as the STRE Stock. Each share is priced at €80.00, with settlement expected on November 13, 2025, subject to customary closing conditions. The company expects gross proceeds of about €620 million, equivalent to $715.1 million, and estimated net proceeds of €608.8 million or $702.2 million after underwriting discounts and expenses. These figures are based on an exchange rate of €1.00 to $1.1534 as recorded on Bloomberg at 12:30 P.M. in New York on November 6, 2025. Also Read: Kazakhstan to Launch National Crypto Reserve Fund Valued at $500M to $1B by 2026 According to Strategy, the proceeds will support general corporate purposes, including additional Bitcoin purchases and working capital requirements. The STRE Stock will carry a cumulative dividend of 10.00% annually on a stated amount of €100 per share, payable quarterly on March 31, June 30, September 30, and December 31, beginning December 31, 2025. Dividend and Redemption Terms Detailed If any dividend remains unpaid, compounded dividends will accrue at an initial rate of 11%, rising by 1% each quarter to a maximum of 18% until full payment. The company will attempt to cover any deferred dividends by issuing other preferred or common stock, provided such actions comply with its obligations to senior dividend instruments. Strategy also retains the right to redeem all outstanding STRE Stock if the number of shares falls below 25% of the total originally issued. Redemption may also occur following specific tax events, with each redeemed share receiving its liquidation preference and any unpaid dividends. Holders will have repurchase rights in the event of a “fundamental change,” allowing them to sell shares back at €100 per share plus accumulated dividends. The liquidation preference will adjust daily to reflect market prices or averages from recent trading days. Underwriters and Company Overview Barclays, Morgan Stanley, Moelis & Company, SG Americas, TD Securities, Canaccord Genuity, and StoneX Financial are acting as joint book-running managers. The offering is conducted under an effective SEC registration statement, with prospectuses available through the SEC website and the participating banks. Strategy Inc describes itself as the world’s first and largest Bitcoin Treasury Company. The firm combines enterprise analytics with Bitcoin-focused financial strategies to provide diversified investor exposure through both equity and fixed-income instruments. Also Read: Peter Schiff Warns Bitcoin Crash Could Trigger Massive Liquidations and Losses The post Strategy Inc Prices €620 Million Preferred Stock Offering to Fund Bitcoin Acquisitions appeared first on 36Crypto.

Strategy Inc Prices €620 Million Preferred Stock Offering to Fund Bitcoin Acquisitions

2025/11/08 14:57
  • Strategy Inc launches €620 million preferred stock to expand Bitcoin reserves.
  • Investors eye 10% annual dividend from Strategy’s new STRE Stock.
  • Offering strengthens Strategy’s position as leading Bitcoin Treasury Company globally.

Strategy Inc (Nasdaq: STRF, STRC, STRK, STRD, MSTR) has announced the pricing of its initial public offering of 7,750,000 shares of 10.00% Series A Perpetual Stream Preferred Stock, known as the STRE Stock. Each share is priced at €80.00, with settlement expected on November 13, 2025, subject to customary closing conditions.


The company expects gross proceeds of about €620 million, equivalent to $715.1 million, and estimated net proceeds of €608.8 million or $702.2 million after underwriting discounts and expenses. These figures are based on an exchange rate of €1.00 to $1.1534 as recorded on Bloomberg at 12:30 P.M. in New York on November 6, 2025.


Also Read: Kazakhstan to Launch National Crypto Reserve Fund Valued at $500M to $1B by 2026


According to Strategy, the proceeds will support general corporate purposes, including additional Bitcoin purchases and working capital requirements. The STRE Stock will carry a cumulative dividend of 10.00% annually on a stated amount of €100 per share, payable quarterly on March 31, June 30, September 30, and December 31, beginning December 31, 2025.


Dividend and Redemption Terms Detailed

If any dividend remains unpaid, compounded dividends will accrue at an initial rate of 11%, rising by 1% each quarter to a maximum of 18% until full payment. The company will attempt to cover any deferred dividends by issuing other preferred or common stock, provided such actions comply with its obligations to senior dividend instruments.


Strategy also retains the right to redeem all outstanding STRE Stock if the number of shares falls below 25% of the total originally issued. Redemption may also occur following specific tax events, with each redeemed share receiving its liquidation preference and any unpaid dividends.


Holders will have repurchase rights in the event of a “fundamental change,” allowing them to sell shares back at €100 per share plus accumulated dividends. The liquidation preference will adjust daily to reflect market prices or averages from recent trading days.


Underwriters and Company Overview

Barclays, Morgan Stanley, Moelis & Company, SG Americas, TD Securities, Canaccord Genuity, and StoneX Financial are acting as joint book-running managers. The offering is conducted under an effective SEC registration statement, with prospectuses available through the SEC website and the participating banks.


Strategy Inc describes itself as the world’s first and largest Bitcoin Treasury Company. The firm combines enterprise analytics with Bitcoin-focused financial strategies to provide diversified investor exposure through both equity and fixed-income instruments.


Also Read: Peter Schiff Warns Bitcoin Crash Could Trigger Massive Liquidations and Losses


The post Strategy Inc Prices €620 Million Preferred Stock Offering to Fund Bitcoin Acquisitions appeared first on 36Crypto.

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