Strategy Inc announces a big move: plans to issue 35 million euros of perpetual preferred shares STRE, with an interesting fundraising purpose—buying Bitcoin + supplementing liquidity. This is a signal of TradFi moving closer to encryption assets, and the recognition of BTC among European institutional investors is on the rise. This type of financing model is becoming increasingly common in institutional allocations, indicating that the consensus on Bitcoin's long-term value is solidifying at the institutional level. This market operation is worth following.
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Strategy Inc announces a big move: plans to issue 35 million euros of perpetual preferred shares STRE, with an interesting fundraising purpose—buying Bitcoin + supplementing liquidity. This is a signal of TradFi moving closer to encryption assets, and the recognition of BTC among European institutional investors is on the rise. This type of financing model is becoming increasingly common in institutional allocations, indicating that the consensus on Bitcoin's long-term value is solidifying at the institutional level. This market operation is worth following.