Company: MSTR
Filing Date: 2025-05-19
Form Type: 8-K
Source: 0000950170-25-073962
Chunk: 0

Company: Strategy Inc
Filing Date: 2025-05-19
Form: 8-K
Item: Item 8.01
Chunk 0
---
Item 8.01 Other Events.

ATM Updates

On May 19, 2025, MicroStrategy Incorporated d/b/a Strategy (“ Strategy” or the “ Company”) announced updates with respect to its at-the-market offering programs:

  ATM Program Summary                                                                                                   During Period                                         As of                          
                                                                                                                                                                                                             
                                                                                                                        May 12, 2025 to May 18, 2025                          May 18, 2025                   
  Common ATM                                                                                                            1,712,708 MSTR Shares             $705.7 million      $18.98 billion of MSTR Shares  
 ─────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Securities Offered: Class A Common Stock, $0.001 par value per share (“ MSTR Shares”)                                                                                                                      
  Size: $21 billion                                                                                                                                                                                          
  Established: May 1, 2025                                                                                                                                                                                   
  STRK ATM                                                                                                              621,555 STRK Shares               $59.7 million       $20.79 billion of STRK Shares  
  Securities Offered: 8.00% series A perpetual strike preferred stock, $0.001 par value per share (“ STRK Shares”)                                                                                           
  Total                                                                                                                                                   $765.4 million                                     

(1) Net proceeds are presented net of sales commission.

BTC Update

On May 19, 2025, Strategy announced updates with respect to its bitcoin holdings:

  During Period May 12, 2025 to May 18, 2025                                        As of May 18, 2025                                    
  BTC                                             Aggregate          Average        Aggregate               Aggregate          Average    
                                                                                                                                          
  Acquired (1)                                    Purchase           Purchase       BTC                     Purchase           Purchase   
                                                                                                                                          
                                                  Price (2)          Price (2)      Holdings                Price (2)          Price (2)  
 ──────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  7,390                                           764.9 million      103,498        576,230                 40.18 billion      69,726     

(1) The bitcoin purchases were made using proceeds from the Common ATM and STRK ATM.

(2) Aggregate and average purchase prices are inclusive of fees and expenses.

Recent Development

On May 16, 2025, a purported class action lawsuit was filed in the U. S. District Court for the Eastern District of Virginia against