Strategy Inc. announced that, subject to market and other favorable conditions, it plans to issue 3,500,000 shares of Strategy 10.00% Series A Perpetual Stream Preferred Stock (“STRE Shares”), a long-term euro-denominated credit instrument. Strategy plans to use the net proceeds from this offering for general corporate purposes, including the purchase of Bitcoin and replenishment of working capital.
Strategy plans to issue euro-denominated perpetual preferred shares, STRE, with net proceeds to be used to purchase BTC, etc.
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