Why Investors Are Snubbing the 10% Dividend Offer in Europe

2026-01-24 15:20:15

Source: CryptoNewsNet Original Title: Here is why investors are snubbing Michael Saylor’s 10% dividend offer in Europe Original Link: https://cryptonews.net/news/analytics/32329894/ A major crypto exchange introduced its first non-U.S. perpetual preferred product in November, aiming to tap demand across the European Economic Area (EEA).

However, it didn’t pan out the way the firm intended.

The preferred share was issued with a stated value of EUR100 ($115) per share, pays a 10% annual dividend, and sits above common equity in the capital structure. The product was positioned as a European analogue to the company’s high-yield money-market-style preferred share. The exchange ultimately raised $715 million, pricing the instrument at a 20% discount to EUR80 per share due to market conditions and demand.

While, in theory, the financial product sounded good, since its issuance, however, the product has struggled to gain traction. There has also been little public communication from the company about the product, and it has since been removed from the company’s dashboard.

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