Bitcoin Updates Today: MSTR's Bitcoin Investment: Will Preferred Financing Outperform Market Fluctuations?

Strategy Inc. (MSTR) has revealed its intention to offer 3.5 million shares of its 10.00% Series A Perpetual Stream Preferred Stock (STRE), which will be euro-denominated, as part of a new fundraising effort. These shares will accrue cumulative dividends at an annual rate of 10% based on a €100-per-share stated value, a move designed to strengthen the company’s financial position and support additional investments in

as well as other business initiatives, according to . The STRE stock will distribute dividends every quarter, paid in arrears, with the first distribution scheduled for December 31, 2025, as detailed in the announcement.

This initiative is consistent with Strategy’s broader

of utilizing preferred stock financing to drive expansion. The company emphasized this approach in its , where it reaffirmed its full-year 2025 outlook of $24 billion in net profit and $80 in diluted earnings per share (EPS), based on a projected year-end bitcoin value of $150,000. Recent activity highlights this strategy: During the week ending November 2, 2025, for a total of $45.6 million, averaging $114,771 per bitcoin, even though the pre-market price was $107,946.60. These acquisitions, financed through both common and preferred stock offerings, have increased Strategy’s total bitcoin reserves to 641,205 coins, acquired at a combined cost of $4.75 billion.

The STRE offering comes after a successful $2.5 billion capital raise in July 2025 through its Variable Rate Series A Perpetual Stretch Preferred Stock (STRC), which carried variable annual dividends between 9% and 10.5%, as reported in the company’s Q3 update. Strategy’s inclination toward perpetual preferred shares demonstrates its commitment to reducing shareholder dilution while ensuring access to long-term funding. “Preferred stock financing enables us to retain control as we expand our bitcoin-backed lending,” a company spokesperson commented during a recent earnings call.

Investor response has been varied. Strategy’s stock price climbed more than 4% in after-hours trading following the STRE news, but dropped 2.04% in pre-market trading amid broader market swings. Analysts point out that the company’s financial results are closely tied to bitcoin’s price movements, since its holdings are marked to market under ASU 2023-08, which increases earnings volatility.