Analysis: Strategy's European Perpetual Preferred Stock STRE Faces Weak Market Response, Future Strategic Direction Becomes Focus

Odaily News Strategy launched Europe's first non-US perpetual preferred stock, STRE, last November with a face value of 100 euros and an annual dividend of 10%. It was ultimately issued at a discounted price of 80 euros, raising approximately $715 million. However, the market response after listing has been weak. Analysis suggests the cold reception for STRE is primarily due to limited access through its Luxembourg Euro MTF listing channel, making it difficult for mainstream brokers and retail platforms to trade, coupled with a lack of transparent pricing and market data. Strategy has not yet announced follow-up plans, and the market is watching whether it will continue to deepen its efforts in Europe or maintain its focus on the US market. (CoinDesk)