Strategy Inc. priced an underwritten public offering of 7,750,000 shares of its 10.00% Series A Perpetual Stream Preferred Stock (STRE Stock) at €80.00 per share, raising gross proceeds of approximately €620.0 million ($715.1 million USD). The offering is scheduled to settle on November 13, 2025.
The company intends to use the net proceeds primarily for general corporate purposes, critically including the acquisition of bitcoin, reinforcing its status as the largest Bitcoin Treasury Company.
The preferred stock carries a 10.00% cumulative annual dividend based on a stated amount/liquidation
...