Michael Saylor’s Strategy to Sell Euro Shares in New Bid to Buy More Bitcoin
The post Michael Saylor’s Strategy to Sell Euro Shares in New Bid to Buy More Bitcoin appeared on BitcoinEthereumNews.com.
Strategy will offer 3.5 million shares of its 10% Series A Perpetual Preferred Stock in a euro‑denominated IPO under the symbol STRE. With a total of 641,205 BTC valued at $67.67 billion, Strategy remains the largest corporate Bitcoin holder and continues to buy more. Michael Saylor, the executive chairman of Strategy Inc., formerly MicroStrategy Incorporated, is doubling down on his long-standing Bitcoin investment thesis. To capitalize on this belief, Saylor has leveraged Strategy’s financing options, including equity offerings, convertible debt, and now preferred shares, to expand the company’s Bitcoin holdings. In its latest capital-raising initiative, Strategy plans to issue up to 3.5 million euro-denominated perpetual preferred shares, which will trade under the new ticker symbol “STRE.” The offering represents a shift toward European markets, as the company seeks to tap into new investor pools beyond the United States. These STRE shares will feature a 10% annual dividend, payable quarterly in cash beginning December 31. According to the company, the offering is reserved for qualified investors within the European Union and the United Kingdom, aligning with regional securities regulations. Each share carries an initial liquidation preference of €100, establishing a clear value floor for investors. The company noted that the net proceeds from this issuance will be allocated toward general corporate purposes, which notably include additional Bitcoin acquisitions. Strategic Accumulation Michael Saylor’s Strategy Inc. is the world’s first Bitcoin treasury company to be rated by S&P Global, earning a speculative “B-” grade that underscores both the opportunities and substantial risks tied to its crypto-heavy balance sheet. Undeterred by the rating’s cautionary tone, Strategy continues its Bitcoin accumulation campaign. Most recently, the company acquired 397 BTC for approximately $45.6 million at an average price of $114,771 per coin, bringing its year-to-date Bitcoin yield to 26.1% in 2025. As of November 2, Strategy…
