Strategy Inc Announces Plan to Issue Euro-Denominated Credit Instruments

According to BlockBeats, Strategy Inc has announced its intention to issue long-term euro-denominated credit instruments, specifically 3,500,000 shares of Strategy 10.00% Series A perpetual Stream preferred stock, known as 'STRE stock.' The issuance is contingent upon favorable market and other conditions. The company plans to utilize the net proceeds from this issuance for general corporate purposes, which include purchasing Bitcoin and supplementing operational funds.