Strategy (MSTR) prices €620M euro preferred to buy more Bitcoin as stock nears 7‑month low; options traders eye bear call spreads
Strategy Inc. priced 7.75 million shares of a 10% euro-denominated perpetual preferred stock at €80 each, raising about €620 million gross to fund more Bitcoin and for working capital. Settlement is set for Nov. 13. MSTR shares traded near $230 midday Friday, down 3.2%, while Bitcoin hovered around $101,000. Experts told Yahoo Finance the company faces no forced Bitcoin liquidation at current prices.