Strategy Files Ipo For Euro Stock To Fund More Bitcoin Buys 2025

Michael Saylor’s Strategy has filed to offer euro-denominated shares in its latest push to raise capital for more Bitcoin.

Crypto treasury company Strategy has filed for an initial public offering of a euro-denominated perpetual stock amid its ongoing strategy to accumulate Bitcoin.

Strategy said on Monday that it plans to offer 3.5 million shares of the stock under the ticker STRE, with the net proceeds from their sales being used to buy Bitcoin (BTC) and for general business purposes.

The stock provides a 10% yearly cumulative dividend on the stated amount of 100 euros ($115), paid quarterly starting on Dec. 31.

Strategy said that the STRE stock is only for “qualified investors” in the EU and UK, and the shares won’t be “offered, sold or otherwise made available to any retail investor” in those regions.

Strategy is offering $STRE (“Stream”), our first ever Euro-Denominated Perpetual Preferred Stock, to European and global institutional investors. $MSTR pic.twitter.com/tCectc2uA2

The company’s business model, implemented by founder Michael Saylor in mid-2020, has enabled it to issue shares and raise capital to purchase Bitcoin, which has helped it accumulate the largest amount of Bitcoin among publicly traded companies.

Strategy currently holds 641,205 BTC that it acquired for $47.49 billion, after announcing earlier on Monday that it purchased 397 Bitcoin to kick off November.

Strategy’s model has kicked off a whole sector of copycats that have raised billions of dollars in investor money to stockpile Bitcoin and other cryptocurrencies, including Ether (ETH).

Related: ‘Not good’ for price: Bitcoin ETF demand starts to lag newly mined BTC

Source: CoinTelegraph