The post Strategy Raises €620M to Boost Bitcoin Purchases appeared first on Coinpedia Fintech News
Strategy priced its 10% Series A Perpetual Stream Preferred Stock (STRE), issuing 7.75 million shares at €80 each to raise approximately €620 million ($715 million). The company will use the funds primarily to buy more bitcoin and for general corporate purposes. This offering was increased from €350 million due to strong demand. The STRE stock pays a 10% annual dividend and helps Strategy strengthen its position as a leading corporate bitcoin holder. The deal is expected to close on November 13, 2025.