PANews reported on January 24th that, according to CoinDesk, Strategy launched its first non-US perpetual preferred stock, STRE, in Europe last November. With a face value of €100 and an annualized dividend of 10%, it was ultimately issued at a discount of €80, raising approximately $715 million. However, market response after listing was lukewarm. Analysts believe the poor reception of STRE was mainly due to limited listing channels on the Luxembourg Euro MTF, difficulty in trading on mainstream brokerages and retail platforms, and a lack of transparent pricing and market data. Strategy has not yet announced its subsequent plans, and the market is focused on whether it will continue to deepen its presence in Europe or maintain its US market focus.