Key Announcements Regarding STRE Preferred Stock
- •Strategy has launched its Euro-denominated STRE preferred stock to secure funds for Bitcoin purchases and general corporate needs.
- •Each STRE share is set to provide a 10% annual dividend, with distributions scheduled to commence in December 2025.
- •Despite recent Bitcoin acquisitions, MSTR stock has experienced a decline of over 26% within the last month.
Details of the STRE Preferred Stock Offering
Strategy, formerly known as MicroStrategy, has announced a new perpetual preferred stock offering under the ticker STRE. The company intends to issue 3.5 million shares, representing its first-ever Euro-denominated perpetual preferred stock offering. This initiative is aimed at attracting both European and global institutional investors.
Each STRE share will have a stated value of 100 euros (approximately $115) and will carry a 10% annual cumulative dividend. These dividends will be paid out quarterly, with the first payments due on December 31, 2025.
Strategy is offering $STRE (“Stream”), our first ever Euro-Denominated Perpetual Preferred Stock, to European and global institutional investors. $MSTRpic.twitter.com/tCectc2uA2
— Michael Saylor (@saylor) November 3, 2025
The treasury company has confirmed that the funds raised from the STRE offering will be utilized for the acquisition of additional Bitcoin and to support its general business operations.
The offering is specifically targeted towards qualified institutional investors located within the European Union and the United Kingdom. Michael Saylor, the founder of the company, has clarified that these shares will not be made available to retail investors in these regions.
Use of Proceeds and Dividend Structure Details
Strategy has elaborated that the proceeds from this offering are intended for corporate purposes, which include making new Bitcoin purchases and managing working capital. The company commits to paying a 10% annual dividend on the preferred shares, which will be distributed quarterly in cash. Any unpaid dividends will accumulate and compound at an annual rate of 10% plus an additional 100 basis points.
Furthermore, Strategy plans to make efforts within a 60-day period to sell STRK, STRD, or MSTR Class A common shares to cover any deferred dividend payments. The management of this offering is being handled jointly.
MSTR Stock Performance Amidst Bitcoin Holdings Expansion
Following the announcement, MSTR shares experienced a decline of 1.80% on Monday, closing at $264.68. The company has been facing market pressure, partly due to the recent fluctuations in Bitcoin's price. The stock saw a further decrease of 2.60% in after-hours trading, reaching intraday lows of $259.85.
Earlier, Strategy announced it had acquired an additional 397 Bitcoin, valued at $45.6 million. These Bitcoin were purchased at an average price of $114,771 per BTC. This latest acquisition brings the company's total Bitcoin holdings to 641,205 BTC, which is currently valued at $68.06 billion based on the prevailing market rate. Strategy has reported spending $47.49 billion on Bitcoin to date, achieving a year-to-date yield of 26.1%.