The European debut of perpetual preferred shares of the Strategy began without significant corridor trading from investors. When the Strategy introduced STRE in November last year, the market did not respond with the anticipated enthusiasm. According to PANews, the securities were issued at a price of 80 euros with a face value of 100 euros and an annual yield of 10%, but the fundraising effort gathered approximately 715 million dollars amid a clearly muted reaction.
Why the market remained cold to the launch of STRE
Analysts identified several factors that hinder interest in this security. Leading the list is limited liquidity due to the reduced listing channel on the Luxembourg MTF. This significantly complicates trading for major brokers and retail investors who are accustomed to broad access to trading platforms. Additionally, the lack of transparent pricing and market data on STRE leaves investors without a reliable benchmark for assessing the value of the shares.
Uncertainty about the future course
So far, the Strategy has not disclosed its plans for further development of the STRE launch. It remains unknown whether the company will focus on the European market or attempt to expand its presence in the American stock market. Such silence only amplifies skepticism, creating an additional factor of uncertainty for potential buyers of the preferred shares.
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The launch of STRE preferred shares in Europe has faced market anticipation
The European debut of perpetual preferred shares of the Strategy began without significant corridor trading from investors. When the Strategy introduced STRE in November last year, the market did not respond with the anticipated enthusiasm. According to PANews, the securities were issued at a price of 80 euros with a face value of 100 euros and an annual yield of 10%, but the fundraising effort gathered approximately 715 million dollars amid a clearly muted reaction.
Why the market remained cold to the launch of STRE
Analysts identified several factors that hinder interest in this security. Leading the list is limited liquidity due to the reduced listing channel on the Luxembourg MTF. This significantly complicates trading for major brokers and retail investors who are accustomed to broad access to trading platforms. Additionally, the lack of transparent pricing and market data on STRE leaves investors without a reliable benchmark for assessing the value of the shares.
Uncertainty about the future course
So far, the Strategy has not disclosed its plans for further development of the STRE launch. It remains unknown whether the company will focus on the European market or attempt to expand its presence in the American stock market. Such silence only amplifies skepticism, creating an additional factor of uncertainty for potential buyers of the preferred shares.