New Share Offering in Europe
Crypto treasury firm Strategy has announced plans to sell new shares in Europe. The company intends to utilize the funds raised to acquire more Bitcoin and continue its long-term cryptocurrency strategy. Strategy has filed to offer 3.5 million shares under the ticker STRE. These shares are priced at 100 euros each and are exclusively designated for professional investors. Retail investors within the European Union and the United Kingdom will not be eligible to purchase these shares. The shares are structured to pay a 10% yearly dividend, with payments distributed quarterly. The company has stated that the capital generated from this offering will be allocated towards purchasing Bitcoin and supporting general business operations.
Strategy is offering $STRE (“Stream”), our first ever Euro-Denominated Perpetual Preferred Stock, to European and global institutional investors. $MSTRpic.twitter.com/tCectc2uA2
— Michael Saylor (@saylor) November 3, 2025
A Model Built on Bitcoin
Since 2020, Strategy has adhered to a straightforward approach: raise capital and invest in Bitcoin. This strategy was initiated by founder Michael Saylor, who posits that Bitcoin serves as a superior long-term store of value compared to fiat currency. This model has propelled the company to become the largest public holder of Bitcoin, currently possessing 641,205 BTC, valued at tens of billions of dollars. The company recently acquired an additional 397 Bitcoin at the commencement of November. This approach has been emulated by numerous other companies, which have also raised funds to establish substantial digital asset reserves, including Bitcoin and Ether. However, some market analysts express concerns that the widespread adoption of this strategy by multiple firms could potentially exert pressure on the market.
MSTR’s $STRE (“Stream”) is Europe’s first 10% Euro-denominated Perpetual Preferred.
Senior to STRK, STRD, & MSTR common and junior to STRF and STRC and debt.
Will be listed in Euro MTF Luxembourg. pic.twitter.com/7Ob4T3H59l
— Peter Duan (@BTCBULLRIDER) November 3, 2025
Maintaining Strategic Focus
Michael Saylor recently communicated to investors that Strategy will remain committed to its established plan. He indicated that the company will continue to raise capital, fortify its balance sheet, and acquire Bitcoin. Strategy has also confirmed that it has no intentions of merging with other entities or acquiring competitors. Major financial institutions, including Barclays, Morgan Stanley, Moelis, and TD Securities, will be involved in managing the new share sale.
1. What STRE is
Perpetual euro-denominated preferred stock issued by Strategy (“Stream”) with a €100 par value and no maturitySTRE Investor Presentation
Sits above the common and the junior prefs (STRK, STRD) and right below STRF, STRC and the senior converts, giving it… pic.twitter.com/xiPHPOsge8
— Adam Livingston (@AdamBLiv) November 3, 2025
Strategy's current initiative underscores its persistent confidence in Bitcoin, even amidst evolving market conditions. The new share offering suggests robust demand from institutional investors and reinforces the company's objective to increase its Bitcoin holdings.