Company: MSTR
Filing Date: 2025-07-07
Form Type: 8-K
Source: 0000950170-25-094137
Chunk: 12

Company: Strategy Inc
Filing Date: 2025-07-07
Form: 8-K
Item: Item 8.01
Chunk 12
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15 &              March 1 &             March 15 &              June 15 &          
  Date of Holder Put Option (4)                                      September 15, 2027                     June 1, 2028          September 15, 2028      March 1, 2028         September 15, 2028      June 15, 2029      
  Initial Conversion Rate (5)                                        5.4589                                 1.4872                6.677                   2.3072                4.297                   4.894              
  Initial Conversion Price (6)                                       $                          183.19      $                     $                       $                     $                       $                  
  Convertible at any time after the following date (7) (8)           March 15, 2028                         June 1, 2029          September 15, 2029      December 3, 2029      September 15, 2030      December 15, 2031  
  Not redeemable by the Company prior to the following date (9)      December 20, 2027                      December 4, 2026      March 22, 2027          March 5, 2027         March 22, 2028          June 20, 2029      

(1)

“ Maturity Date” is the stated maturity date under each applicable indenture governing such notes, unless earlier converted, redeemed, or repurchased in accordance with their terms.

(2)

Holders may receive additional or special interest under specified circumstances as outlined under each applicable indenture governing the Convertible Notes.

(3)

The 2029 Convertible Notes and the 2030B Convertible Notes do not bear regular interest.

(4)

“ Date of Holder Put Option” represents the respective dates upon which holders of the 2028 Convertible Notes, 2029 Convertible Notes, 2030A Convertible Notes, 2030B Convertible Notes, 2031 Convertible Notes, and 2032 Convertible Notes each have a noncontingent right to require the Company to repurchase for cash all or any portion of their respective notes at a repurchase price equal to 100% of the principal amount of such notes to be repurchased, plus any accrued and unpaid interest to, but excluding the repurchase date.

(5)

The “ Initial Conversion Rate” is stated in shares of the Company’s class A common stock per $1,000 principal