by: xpoolPosted on:

Strategy Increases STRE IPO Size to €620 Million, MSTR Stock Plummets

Strategy, formerly MicroStrategy, has increased the size of its deal for STRE perpetual preferred stock offering from €350 million to €620 million. This move comes after the company announced a public offering price of €80 per share for the shares. MSTR stock prices plummeted 4% in pre-market trading hours following a 7% drop on the previous day.

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