Strategy raised $715 million in capital in Europe.

New Preferred Stock Issuance Raises Funds

Strategy has conducted a sale of 7.75 million shares of 10% Series A Cumulative Preferred Stock to raise a total of 620 million Euros (approximately 715 million dollars). The price per share has been set at 80 Euros. The transaction is expected to be completed on November 13. This latest preferred stock series is referred to as STRE (stream) and represents an expansion of the company's fundraising efforts abroad.

Market Response and Stock Performance

MSTR’s common shares continue to rapidly lose value. As Bitcoin pulls back to 100,000 dollars, these shares fell another 5% in early trading on Friday.