[Strategy Underwriter Clear Street Delays IPO and Significantly Reduces IPO Fundraising Target] According to Foresight News, citing Reuters, Strategy underwriter Clear Street has announced the postponement of its U.S. IPO originally scheduled for Friday, citing "poor market conditions." Additionally, the company has significantly reduced its Nasdaq IPO fundraising target from the initial goal of $1.05 billion to $364 million. After the reduction, Clear Street's valuation is approximately $7.2 billion, down from the previous target valuation of $11.8 billion. In recent years, Clear Street has become one of the primary underwriters for cryptocurrency-related stock offerings, having provided underwriting services for several crypto treasury companies. This includes serving as the underwriter for multiple stock offerings by Strategy and acting as the underwriter for Trump Media & Technology Group. According to previous reports by Foresight News, Clear Street announced in early December 2025 that it would go public as early as January 2026.