STRE – Long Duration Euro-Denominated Credit

Stream (STRE) is Strategy’s perpetual preferred stock, ranking junior to STRF and STRF, and senior to STRK and STRD. STRE offers 10% annual dividends in euros, payable quarterly in cash. STRE has cumulative dividends and compounded dividend rate step-ups in the event of missed dividend payments. Listed on the Luxembourg Stock Exchange’s Euro MTF.

Notional ($M)

$897.2

Record Date

9/15/2026

Payout Date

9/30/2026

Dividend (Fixed)

10.00%

BTC Floor

BTC Rating


Securities market data last updated: -- ET. +/- data reflects change since prior market close (4:00pm ET) for securities market data.

Market data source: Massive.com • See Notes (strategy.com/notes) for important information.

There is no guarantee for STRE of returns, liquidity, or future performance. Cash dividend is not guaranteed.

BTC Rating does not account for potential cross-defaults under our debt obligations. BTC Rating does not represent a rating from any rating agency and is not equivalent to a "rating" in the traditional financial context. BTC Rating also does not account for potential cross-defaults under our debt obligations that would result in debt obligations with stated maturities later than the liability being rated becoming due sooner than the liability being rated. This metric is presented for illustrative purposes only and should not form the basis for an investment decision.

The Company’s preferred securities (STRF, STRC, STRE, STRK, STRD) are not collateralized by the Company’s bitcoin holdings and only have a preferred claim on the residual assets of the company.

The material on this site is provided for illustrative purposes only; and nothing on this site should be construed as a recommendation to buy, sell or hold MSTR, STRD, STRK, STRE, STRC, STRF, or any security or other investment or pursue any investment style or strategy.

Past performance is not indicative of future results. No representation is being made that any investment will or is likely to achieve profits or losses similar to those achieved in the past, or that significant losses will be avoided.