Catenaa, Tuesday, November 11, 2025- MicroStrategy Inc. has raised €620 million ($715 million) through the sale of 7.75 million shares of its 10% Series A Perpetual Stream Preferred Stock (STRE), marking an expansion of its fundraising efforts to Europe.
The funds, expected to settle by Nov. 13, will primarily be used to acquire additional bitcoin.
The preferred shares carry a 10% annual dividend on a €100 stated value, payable quarterly beginning Dec. 31, with unpaid dividends accruing interest from 11% up to 18% until paid. The issuance comes as MicroStrategy’s common stock continues to decline, down more than 50% from its peak earlier this year.
MicroStrategy, led by Executive Chairman Michael Saylor, currently holds 641,205 bitcoin, valued at roughly $64.1 billion at BTC’s current price near $100,000.
The premium on its common stock relative to bitcoin’s value has contracted, limiting fundraising through common shares, making preferred stock a more viable method for accumulating bitcoin.
The STRE offering allows the company to tap new investor markets overseas while continuing its bitcoin acquisition strategy.
Despite the volatility in bitcoin’s price and the company’s stock, MicroStrategy remains committed to increasing its bitcoin holdings and expanding its capital-raising strategies internationally.
