BlockBeats News, November 4th, according to official sources, Strategy Inc announced today that, subject to market and other conditions, the company plans to issue a long-term Euro-denominated credit instrument—an aggregate of 3,500,000 shares of Strategy 10.00% Series A Perpetual Stream Preferred Stock (referred to as “STRE Stock”).
Strategy intends to use the net proceeds from this offering for general corporate purposes, including the purchase of Bitcoin and additional working capital.
