MicroStrategy plans to finance the future purchase of Bitcoin by issuing euro-denominated perpetual preferred stock STRE

The digital asset vault company Strategy has submitted documents to the U.S. SEC, planning to issue 3.5 million euros-denominated perpetual preferred shares (STRE) to support general corporate operations, including Bitcoin procurement. STRE shares will accumulate a 10% annual dividend. Additionally, Strategy announced on Monday that it has purchased 397 BTC, bringing its total holdings to 641,205 BTC. This issuance is contingent on market conditions and aims to provide ongoing funding support for Strategy's digital asset vault model.