Strategy Inc. has finalized the pricing of its upsized euro-denominated perpetual preferred stock (STRE), raising approximately €620 million ($715 million) in gross proceeds.
The firm expanded the initial 3.5 million-share offering to 7.75 million shares, priced at €80 per share, reflecting strong institutional demand from European investors.
Settlement is scheduled for November 13, 2025, according to the company’s latest announcement.
A Capital Raise Designed for Bitcoin Expansion
Strategy stated that net proceeds from the STRE offering will be used for general corporate purposes, including the purchase of additional Bitcoin.
Strategy announces pricing of its Stream Perpetual Preferred Stock ($STRE) Offering and upsizes the deal from €350 Million to €620 Million. $MSTR https://t.co/AyN67dQ1jy
— Michael Saylor (@saylor) November 7, 2025
The move reinforces the company’s reputation as one of the most active corporate Bitcoin accumulators, following a series of equity and debt financings designed to increase its long-term digital asset holdings.
At the time of the announcement, Strategy held 641,205 BTC, making it the largest corporate Bitcoin holder globally.
Institutional Offering with a 10% Yield
The new STRE perpetual preferred stock will pay a 10% cumulative annual dividend, distributed quarterly in cash, beginning December 31, 2025.
The euro-denominated structure specifically targets qualified investors and professional clients in the European Economic Area and the United Kingdom, with the issue unavailable to retail buyers in those jurisdictions.
Part of a Long-Term Bitcoin Strategy
This latest capital raise extends Strategy’s multi-year effort to grow its Bitcoin reserves through structured financial instruments, aligning its corporate balance sheet directly with the digital asset’s performance.
By tapping European capital markets with a high-yield offering, the firm aims to broaden its investor base while securing additional funds for future Bitcoin purchases, a strategy that has consistently set Strategy apart from traditional tech and financial companies.
