Strategy plans to issue 10% perpetual preferred shares (STRE) denominated in euros and will use part of the proceeds to purchase Bitcoin.

Strategy announced plans to issue 3.5 million 10.00% Series A Perpetual Stream Preferred Stock (STRE), with a par value of €100 per share. The stock will pay quarterly dividends, with unpaid dividends accruing at 10% + 100 basis points quarterly, up to a maximum of 18%. The proceeds will be used for general corporate purposes, including the purchase of Bitcoin and working capital.