The post Michael Saylor’s Strategy launches sale of euro-based stock appeared on BitcoinEthereumNews.com. Michael Saylor’s Strategy, the world’s largest Bitcoin treasury company, has announced the pricing of its euro-denominated perpetual preferred stock. Summary Strategy has announced the pricing of its euro-denominated perpetual preferred stock, with sale closing on November 13, 2025. The 10% euro-based Stream issue targets gross proceeds of $715 million. Strategy will use the funds to buy more bitcoin. Strategy revealed that the pricing of its initial public offering of 7.75 million shares of 10% Series A Perpetual Stream Preferred Stock is €80 per share. The sale of euro-based preferred STRE Stock is part of the U.S.-based company’s quest to raise funds for future Bitcoin purchases. According to a prepared statement on Nov. 7, the issuance and sale of the STRE stock is expected to close on Nov. 13. Based on this, Strategy anticipates gross proceeds of €620 million (or $715 million). Net proceeds should be roughly €608.8 million (or $702 million). This is after the company upsized the deal to €350 million, as announced earlier. Michael Saylor eyes more Bitcoin The net proceeds are targeted for general corporate purposes, including buying more Bitcoin (BTC) and for working capital, the company said.  On Nov. 3, Strategy disclosed an additional 397 BTC buy, acquired for about $45.6 million and at the average price of $114,771 per coin. The acquisition saw Strategy’s total BTC holdings rise to 641,205 BTC, acquired for about $47.5 billion at the average price of $74,057 per bitcoin. At current prices of $100,9932, this haul is worth about $64.7 billion. The company has turned to preferred stock sales for fresh funds as it continues its acquisition spree. According to today’s announcement, the STRE Stock will accumulate regular dividends at the rate of 10% annually on the amount of €100 per share.  Quarterly payments for the dividend begin on Dec.… The post Michael Saylor’s Strategy launches sale of euro-based stock appeared on BitcoinEthereumNews.com. Michael Saylor’s Strategy, the world’s largest Bitcoin treasury company, has announced the pricing of its euro-denominated perpetual preferred stock. Summary Strategy has announced the pricing of its euro-denominated perpetual preferred stock, with sale closing on November 13, 2025. The 10% euro-based Stream issue targets gross proceeds of $715 million. Strategy will use the funds to buy more bitcoin. Strategy revealed that the pricing of its initial public offering of 7.75 million shares of 10% Series A Perpetual Stream Preferred Stock is €80 per share. The sale of euro-based preferred STRE Stock is part of the U.S.-based company’s quest to raise funds for future Bitcoin purchases. According to a prepared statement on Nov. 7, the issuance and sale of the STRE stock is expected to close on Nov. 13. Based on this, Strategy anticipates gross proceeds of €620 million (or $715 million). Net proceeds should be roughly €608.8 million (or $702 million). This is after the company upsized the deal to €350 million, as announced earlier. Michael Saylor eyes more Bitcoin The net proceeds are targeted for general corporate purposes, including buying more Bitcoin (BTC) and for working capital, the company said.  On Nov. 3, Strategy disclosed an additional 397 BTC buy, acquired for about $45.6 million and at the average price of $114,771 per coin. The acquisition saw Strategy’s total BTC holdings rise to 641,205 BTC, acquired for about $47.5 billion at the average price of $74,057 per bitcoin. At current prices of $100,9932, this haul is worth about $64.7 billion. The company has turned to preferred stock sales for fresh funds as it continues its acquisition spree. According to today’s announcement, the STRE Stock will accumulate regular dividends at the rate of 10% annually on the amount of €100 per share.  Quarterly payments for the dividend begin on Dec.…