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Crypto Town Hall
Crypto Town Hall
Nov 4, 12:30·
MICROSTRATEGY LAUNCHES €350 MILLION EURO-DENOMINATED PREFERRED STOCK TO BUY MORE BITCOIN MicroStrategy announced the launch of $STRE, its first Euro-denominated perpetual preferred stock, offering 3.5 million shares at €100 each with a 10% annual dividend. The company confirmed that proceeds from the €350 million raise will be used to acquire additional Bitcoin.