MicroStrategy buys Bitcoin again, issuing euro-denominated preferred shares STRE to European accredited investors.

The pioneer of Bitcoin reserve strategies, MicroStrategy, announced the repurchase of 397 Bitcoins, increasing its total holdings to 641,205 Bitcoins. MicroStrategy also announced the issuance of euro-denominated preferred shares, STR, targeting European institutional investors, offering an annual dividend rate of 10%. However, its stock price has fallen to a low point since April, and its premium indicator mNAV against Bitcoin continues to decline to 1.33, showing no signs of improvement for several months.

Strategy to buy more BTC, holding a total of 641,205 Bitcoins

Strategy this time through issuance

10% Preferred Stock STRF raised 8.4 million USD

8% convertible preferred stock STRK raised 4.4 million dollars

10% preferred stock STRD raised 2.3 million USD

Common stock MSTR raised 54.4 million USD

A total of $695 billion was raised, but not all of it was invested in Bitcoin; only $45.6 million was used to acquire 397 Bitcoins, with an average cost of $114,771. As of November 2, 2025, Strategy holds a total of 641,205 Bitcoins, with a total cost of $47.49 billion and an average cost of $74,057 per Bitcoin.

MicroStrategy turns to European institutional investors, newly issued euro-denominated preferred shares STR.

In addition, MicroStrategy has issued Euro-denominated preferred shares STR, with a dividend yield of 10% per share of STR stock with a par value of 100 Euros. The regular dividends on STR shares will be paid by the Strategy Board of Directors or any formally authorized committee upon declaration of distribution, and dividends will be paid from available legal funds, paid quarterly on March 31, June 30, September 30, and December 31 of each year, starting from December 31, 2025. The regular dividends on STR shares will be paid only in cash. If any accumulated regular dividends on STR shares are not paid on the applicable regular dividend payment date, the unpaid regular dividend amount will accumulate quarterly with compound interest, resulting in additional regular dividends (“compound dividends”). For any normal dividends due on the regular dividend payment date but not paid, the applicable compound dividend rate will initially be an annual rate of 10% plus 100 basis points; however, before all such unpaid normal dividends and their compound dividends are paid, the compound dividend rate will increase by 100 basis points per year in each subsequent normal dividend payment period, with a maximum annual dividend rate of 18%.

MicroStrategy's preferred stock offers a fixed annual dividend of 10% to institutional investors in the European Economic Area (EEA), thereby expanding its reach beyond the U.S. market, but this stock is not available to retail investors.

This article discusses MicroStrategy's additional purchase of Bitcoin and its issuance of euro-denominated preferred shares STRE to qualified investors in Europe, which first appeared in Chain News ABMedia.