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News Explorer — Strategy Introduces STRE to Raise $715 Million in Europe, Offering a 10% Dividend for Bitcoin Acquisitions

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Nov 7, 4:42 pm
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Strategy Introduces STRE to Raise $715 Million in Europe, Offering a 10% Dividend for Bitcoin Acquisitions

Strategy's new Perpetual Stream Preferred Stock (STRE) is set to raise $715 million by being listed on the Euro MTF Luxembourg exchange, targeting international investors. The stock offers a fixed 10% dividend and will fund Bitcoin acquisitions, with Strategy holding over 641,000 Bitcoin.

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