On November 3, 2025, Strategy (NASDAQ: MSTR), led by Michael Saylor, announced a proposed initial public offering of 3.5 million shares of its 10.00% Series A Perpetual Stream Preferred Stock ($STRE), denominated in euros at €100 per share, per CoinoMedia and. This marks Strategy’s first euro-denominated financial instrument, targeting European and global institutional investors, per. The shares offer a 10% annual cumulative dividend, payable quarterly in cash starting December 31, 2025, if declared by the board, with no maturity date, per. Proceeds will fund general corporate purposes, including Bitcoin acquisitions, expanding Strategy’s 641,205 BTC holdings (acquired at $4.75B average cost of $74,057/BTC), per.
Strategy’s $STRE extends its lineup of perpetual preferred stocks like STRK, STRF, and STRD, used to finance BTC buys without diluting common shares, per. The firm recently acquired 397 BTC for $45.6M (average $114,771/BTC) in the week ending November 2, 2025, boosting its year-to-date Bitcoin yield to 26.1%, per. Saylor teased the launch with an X post: “Orange is the color of November,” hinting at Bitcoin’s color and the $STRE symbol, per. The €350M potential raise diversifies funding geographically, appealing to eurozone investors seeking yield with indirect BTC exposure, per. X posts from @saylor and @Cointelegraph amplified the announcement, garnering over 4,000 likes and 400 reposts, per.
Strategy’s stock (MSTR) rose 2.5% to $389.90 on November 4, 2025, reflecting bullish sentiment, per. Analysts at Mizuho, TD Cowen, and Benchmark maintain positive 2026 outlooks, viewing the $STRE as sustainable for BTC accumulation, per. The move counters Nasdaq compliance risks, following Windtree Therapeutics’ delisting after a failed BNB pivot, per. With $2.5T BTC market cap and $113,234 price, Strategy’s strategy could drive institutional adoption, per CoinMarketCap. However, dividend deferrals and market conditions pose risks, per.
$STRE offers 10% yield for income-focused investors, with BTC exposure without direct volatility, per. Projections suggest BTC at $150,000 by 2026 if Strategy continues acquisitions, per Techopedia. Investors should track SEC filings on sec.gov and MSTR flows on CryptoQuant. Dollar-cost average into MSTR with stop-losses below $383.55, or diversify into USDC or ETH ($4,070), per TradingView. Follow @TheBlock__ on X for updates. Strategy’s $STRE could redefine crypto treasury financing, per.
