{"id":15495,"date":"2025-11-07T17:18:04","date_gmt":"2025-11-07T17:18:04","guid":{"rendered":"https:\/\/bitunikey.com\/news\/michael-saylors-strategy-launches-euro-based-preferred-stock-sale\/"},"modified":"2025-11-07T17:18:11","modified_gmt":"2025-11-07T17:18:11","slug":"michael-saylors-strategy-launches-euro-based-preferred-stock-sale","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/michael-saylors-strategy-launches-euro-based-preferred-stock-sale\/","title":{"rendered":"Michael Saylor\u2019s Strategy launches Euro-based preferred Stock sale"},"content":{"rendered":"<p><\/p>\n<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Michael Saylor\u2019s Strategy, the world\u2019s largest Bitcoin treasury company, has announced the pricing of its euro-denominated perpetual preferred stock.<\/p>\n<div id=\"cn-block-summary-block_5492c82baeed0e127dc97ac96a2ba780\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Strategy has announced the pricing of its euro-denominated perpetual preferred stock, with sale closing on November 13, 2025.<\/li>\n<li>The 10% euro-based Stream issue targets gross proceeds of $715 million.<\/li>\n<li>Strategy will use the funds to buy more bitcoin.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>Strategy revealed that the pricing of its initial public offering of 7.75 million shares of 10% Series A Perpetual Stream Preferred Stock is \u20ac80 per share. The sale of euro-based preferred STRE Stock is part of the U.S.-based company\u2019s quest to raise funds for future Bitcoin purchases.<\/p>\n<p>According to a <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.strategy.com\/press\/strategy-announces-pricing-of-stre-perpetual-preferred-stock_11-07-2025\" target=\"_blank\" rel=\"nofollow\">prepared statement<\/a> on Nov. 7, the issuance and sale of the STRE stock is expected to close on Nov. 13. Based on this, Strategy anticipates gross proceeds of \u20ac620 million (or $715 million). Net proceeds should be roughly \u20ac608.8 million (or $702 million).<\/p>\n<p>This is after the company upsized the deal to \u20ac350 million, as announced earlier.<\/p>\n<h2 class=\"wp-block-heading\">Michael Saylor eyes more Bitcoin<\/h2>\n<p>The net proceeds are targeted for general corporate purposes, including buying more Bitcoin (BTC) and for working capital, the company said.\u00a0<\/p>\n<p>On Nov. 3, Strategy disclosed an additional 397 BTC buy, acquired for about $45.6 million and at the average price of $114,771 per coin. The acquisition saw Strategy\u2019s total BTC holdings rise to 641,205 BTC, acquired for about $47.5 billion at the average price of $74,057 per bitcoin. At current prices of $100,9932, this haul is worth about $64.7 billion.<\/p>\n<p>The company has turned to preferred stock sales for fresh funds as it continues its acquisition spree.<\/p>\n<p>According to today\u2019s announcement, the STRE Stock will accumulate regular dividends at the rate of 10% annually on the amount of \u20ac100 per share.\u00a0<\/p>\n<p>Quarterly payments for the dividend begin on Dec. 31, with these \u201cpayable solely in cash.\u201d However, unpaid dividends will attract interest at an initial rate of 10% plus 100 basis points, or 11%. Continued unpaid scenarios will result in a 1% increase per annum, up to a maximum of 18% yearly.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Michael Saylor\u2019s Strategy, the world\u2019s largest Bitcoin treasury company, has announced the pricing of its euro-denominated perpetual preferred stock. Summary Strategy has announced the pricing of its euro-denominated perpetual preferred&hellip;<\/p>\n","protected":false},"author":1,"featured_media":1514,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-15495","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/15495","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=15495"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/15495\/revisions"}],"predecessor-version":[{"id":15496,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/15495\/revisions\/15496"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/1514"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=15495"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=15495"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=15495"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}