JOURNAL ARTICLE

Michael Saylor's Rare Euro Preferred Stock Sours on Bitcoin Rout.

  • Published In: Bloomberg.com, 2025. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Vossos, Tasos 3 of 3

Abstract

The article discusses the decline in value of a euro-denominated preferred stock offering by Strategy Inc., a company associated with Michael Saylor's Bitcoin treasury. The company raised €775 million ($898 million) by selling preferred shares at 80 cents on the euro, but the stock has since fallen to about 78 cents due to a significant drop in Bitcoin prices, which have decreased by 12% since the offering. Despite the downturn, Strategy Inc. has continued to invest heavily in Bitcoin, purchasing $835.6 million worth in a recent week, primarily funded by the proceeds from the preferred stock sale. The preferred shares offer a 10% dividend and represent a rare instance of a US firm issuing preferred stock in the euro market. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2025/11, pN.PAG
  • Document Type:Article
  • Subject Area:Business and Management
  • Publication Date:2025
  • Accession Number:189394646
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