According to Foresight News , citing Reuters, Clear Street, the underwriter for Strategy&, announced a postponement of its U.S. IPO originally scheduled for Friday, citing unfavorable market conditions. Furthermore, the company has significantly reduced its Nasdaq IPO fundraising target from the initial $1.05 billion to $364 million. Following the reduction, Clear Street's valuation is approximately $7.2 billion, compared to the previous target valuation of $11.8 billion.
Clear Street has become one of the leading underwriters for cryptocurrency-related stock offerings in recent years, providing underwriting services for numerous crypto treasury companies, including serving as the underwriter for Strategy's stock offerings multiple times, and also as the underwriter for Trump Media & Technology Group.
According to a previous report by Foresight News , Clear Street announced in early December 2025 that it would go public as early as January 2026.
