PANews reported on November 4th that Strategy Inc. (NASDAQ: STRF/STRC/STRK/STRD/MSTR) announced its plan to issue 3,500,000 10.00% Series A Perpetual Stream Preferred Stock (STRE), with a par value of €100 per share. The stock will pay quarterly dividends, with unpaid dividends accruing at 10% + 100 basis points quarterly, up to a maximum of 18%. The company stated that the proceeds will be used for general corporate purposes, including the purchase of Bitcoin and working capital. STRE includes a redemption option in the event that the outstanding shares fall below 25% of the original offering or in the event of a specific tax event, and a repurchase option for holders at par value plus accrued unpaid dividends in the event of a “material change.” Underwriters include Barclays, Morgan Stanley, and Moelis.PANews reported on November 4th that Strategy Inc. (NASDAQ: STRF/STRC/STRK/STRD/MSTR) announced its plan to issue 3,500,000 10.00% Series A Perpetual Stream Preferred Stock (STRE), with a par value of €100 per share. The stock will pay quarterly dividends, with unpaid dividends accruing at 10% + 100 basis points quarterly, up to a maximum of 18%. The company stated that the proceeds will be used for general corporate purposes, including the purchase of Bitcoin and working capital. STRE includes a redemption option in the event that the outstanding shares fall below 25% of the original offering or in the event of a specific tax event, and a repurchase option for holders at par value plus accrued unpaid dividends in the event of a “material change.” Underwriters include Barclays, Morgan Stanley, and Moelis.
Strategy plans to issue 10% perpetual preferred shares (STRE) denominated in euros and will use part of the proceeds to purchase Bitcoin.
2025/11/04 09:06
PANews reported on November 4th that Strategy Inc. (NASDAQ: STRF/STRC/STRK/STRD/MSTR) announced its plan to issue 3,500,000 10.00% Series A Perpetual Stream Preferred Stock (STRE), with a par value of €100 per share. The stock will pay quarterly dividends, with unpaid dividends accruing at 10% + 100 basis points quarterly, up to a maximum of 18%. The company stated that the proceeds will be used for general corporate purposes, including the purchase of Bitcoin and working capital. STRE includes a redemption option in the event that the outstanding shares fall below 25% of the original offering or in the event of a specific tax event, and a repurchase option for holders at par value plus accrued unpaid dividends in the event of a “material change.” Underwriters include Barclays, Morgan Stanley, and Moelis.
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
Share Insights
You May Also Like
The Laver Cup Begins in San Francisco, But Can’t Match Ryder Cup Fever
The post The Laver Cup Begins in San Francisco, But Can’t Match Ryder Cup Fever appeared on BitcoinEthereumNews.com. SAN FRANCISCO, CALIFORNIA – MARCH 8: Roger Federer stands outside Chase Center as part of the Laver Cup San Francisco Launch for 2025 on March 8, 2024 in San Francisco, California. (Photo by Loren Elliott/Getty Images for Laver Cup) Getty Images for Laver Cup The Laver Cup is back in the United States as its eighth edition takes place at the Chase Centre in San Francisco, starting on Friday. Andre Agassi takes the captaincy reins from John McEnroe for Team World, which features top ten stars Taylor Fritz and Alex de Minaur alongside Brazilian wonderkid Joao Fonseca. Team Europe’s lineup boasts new world No. 1 Carlos Alcaraz and world No. 3 Alexander Zverev, with Casper Ruud and Holger Rune making an impressive front four on the grid. Europe have won the event five times in the seven iterations so far under the watchful eye of Bjorn Borg. The charismatic former French Open champion Yannick Noah skippers the team as Tim Henman comes in as vice-captain. “I’ve talked to many of the players and they say it’s one of the most fun events to play in, a great event,” said Rune ahead of the Open Practice Day. The Laver Cup was the brainchild of Roger Federer and his longtime agent Tony Godsick. The original concept was to bring about the best of the past, present and future of tennis in a weekend event that could match the team and individual dynamic of the Ryder Cup. The singles and fourballs of golf can easily be swapped into tennis terminology as nine singles and three doubles build to a (potentially) thrilling last day of competition with the first to reach 13 points declared the winner. In the Ryder Cup, 14 and a half points are needed to win outright. Laver Cup CEO Steve…
Share
BitcoinEthereumNews2025/09/19 07:41
Crypto prices today (Nov. 6): BTC, ETH, BNB, XRP post gains amid market rebound
Crypto prices today saw a measured recovery after yesterday’s sharp correction, with major assets edging higher and sentiment showing signs of stabilization. The total crypto market cap rose 2.3% to $3.55 trillion, supported by moderate buying across large-cap coins. Bitcoin…
Share
Crypto.news2025/11/06 14:44
Dogecoin Price: Dogecoin Falls 5% as Lower-Lows Pattern Aids Bearish Outlook
Dogecoin plummets 5 percent in a lower-lows trend, institutional liquidation, and whale dispersion. The technical perspective is still negative, with traders observing major support areas. Dogecoin fell on Tuesday by 5 percent to $0.16 and cut across significant support bands. The action was during extreme institutional selling and a high volume of trading. Whale distribution […] The post Dogecoin Price: Dogecoin Falls 5% as Lower-Lows Pattern Aids Bearish Outlook appeared first on Live Bitcoin News.
Share
LiveBitcoinNews2025/11/06 14:30