Michael Saylor’s company is raising funds through STRE
Michael Saylor’s company, Strategy, has announced preparations for the placement of perpetual preferred shares under the ticker STRE. This new instrument is intended for institutional investors, primarily in Europe, but it is also appealing to global funds. The company plans to use the capital raised to purchase Bitcoin and strengthen its financial position.
As part of the offering, Strategy will offer 3.5 million shares of 10% Series A Perpetual Preferred Stock. Each share will be valued in euros, which will facilitate the participation of European funds. This also reduces currency risks associated with the dollar. The company plans to use the proceeds from the IPO to develop corporate projects and increase its Bitcoin reserves further.
Michael Saylor emphasizes that Strategy is targeting large institutional investors. The main focus is on high-level funds and financial organizations rather than retail buyers. While preparing for the IPO, Strategy continues to build its cryptocurrency holdings. Saylor views Bitcoin as a long-term reserve asset and is not affected by short-term market fluctuations.
Key parameters of STRE
STRE shares provide for:
– Nominal value of €100 per share.
– Dividends of 10% per annum, payable quarterly, starting on December 31, 2025.
– Possibility of accumulating interest when payments are deferred, with the rate rising to 18% per annum.
– Strategy has the right to redeem shares if their number in circulation falls below 25% of the initial volume.
This structure makes STRE an attractive investment option for those seeking a fixed income. It also enables participation in the Bitcoin market without the need to purchase cryptocurrency directly.
Barclays, Morgan Stanley, Moelis & Company, and other international banks are organizing the IPO. Their involvement ensures the offering will be professionally managed, audited, and coordinated with major funds, which increases investor confidence.
Strategy remains the largest corporate holder of Bitcoin
Currently, the company owns over 641,000 BTC, which is valued at tens of billions of dollars. This establishes Strategy as a benchmark for other public companies considering cryptocurrency as a strategic asset.
The STRE offering enables the company to raise capital without selling common stock, thus preserving the stake of existing shareholders. The new instrument enables institutional investors to participate in the Bitcoin market in a structured way. Additionally, it supports a strategy of long-term digital asset accumulation.
