MSTR News: Michael Saylor’s European expansion hits a snag as his new ‘Stream’ shares fail to gain traction
Strategy (MSTR) introduced its first non-U.S. perpetual preferred product, Stream (STRE), in November, aiming to tap demand across the European Economic Area (EEA). However, it didn’t pan out the way Michael Saylor’s firm intended. The preferred share was issued with a stated value of EUR100 ($115) per share, pays a 10% annual dividend, and sits...
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