Michael Saylor’s company has debuted Stream, its first European perpetual preferred stock, featuring a 10% dividend yield. However, structural and accessibility hurdles have limited initial investor uptake.
Key Challenges: Limited Access:** Listed on a specialist European exchange with poor integration into mainstream broker platforms.
Weak Infrastructure: Lack of real‑time pricing, liquidity, and settlement ease compared to U.S. offerings.
Regulatory Complexity: European retail and institutional investors face higher friction in onboarding and trading.
Implication: Despite the attractive yield, the launch highlights the persistent gap between U.S. and European capital‑market infrastructure for innovative equity products, even when backed by high‑profile crypto‑adjacent figures like Saylor. $BTC $ETH $BNB #BTC #MWAM_Crypto
