As reported by Cryptonews, Strategy Inc., the company led by billionaire Michael Saylor, has priced its initial public offering of 10% Series A Perpetual Stream Preferred Stock (STRE), raising gross proceeds of €620 million ($715 million). The offering was upsized from an initial €350 million due to strong investor demand and is set to close on November 13, 2025, pending customary approvals. The funds will be used for general corporate purposes, including acquiring more bitcoin and supporting operational and growth initiatives.
Strategy Raises €620M in Stream Preferred Stock Offering
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