Strategy plans to issue euro-denominated perpetual preferred shares (STRE), with net proceeds used to purchase BTC and others
ChainCatcher News, Strategy Inc announced today that, subject to market and other conditions, the company plans to issue long-term euro-denominated credit instruments—3,500,000 shares of Strategy 10% Series A Perpetual Stream Preferred Stock (abbreviated as "STRE Stock").
Strategy plans to use the net proceeds from this issuance for general corporate purposes, including purchasing bitcoin and supplementing operating funds.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Circle updates USDC policy to allow legal gun purchases, sparking debate over stablecoin neutrality
ZEC briefly reached $510, with a 24-hour increase of 17.11%
Data: The current Crypto Fear & Greed Index is 28, indicating a state of fear.
Trending news
MoreCrypto prices
More
