Company: MSTR
Filing Date: 2025-02-10
Form Type: 8-K
Source: 0001193125-25-023183
Chunk: 1

Company: Strategy Inc
Filing Date: 2025-02-10
Form: 8-K
Item: Item 8.01
Chunk 1
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 average purchase price of approximately $65,033 per bitcoin, inclusive of fees and expenses.

2027 Notes Redemption Update

On January 24, 2025, the Company delivered a notice of full redemption (the “ Notice”) to the trustee of the Company’s 0.0% Convertible Senior Notes due 2027 (the “2027 Convertible Notes”). The Notice calls for the redemption of all of the outstanding 2027 Convertible Notes on February 24, 2025 (the “ Redemption Date”), at a redemption price equal to 100% of the principal amount of the 2027 Convertible Notes to be redeemed, plus accrued and unpaid special interest, if any, to but excluding the Redemption Date, unless earlier converted. As of February 9, 2025, the Company has received conversion requests for approximately $757.8 million in principal amount of the 2027 Convertible Notes, which equates to the issuance upon settlement of 5,322,389 Shares in the aggregate.