Strategy Inc Announces €100 per Share Euro-Based STRE Stock Offer to Fund Bitcoin Acquisition

Strategy Inc. has unveiled a proposed initial public offering (IPO) of 3.5 million shares of its 10.00% Series A Perpetual Stream Preferred Stock, known as STRE Stock. The offering aims to raise funds for general corporate purposes, including the acquisition of Bitcoin. Strategy recently announced plans to expand into euro-denominated securities as part of their strategic investment strategy. The company intends to utilize the proceeds from the IPO to purchase Bitcoin and bolster working capital, according to a press release.