Company: MSTR
Filing Date: 2025-07-07
Form Type: 8-K
Source: 0000950170-25-094137
Chunk: 6

Company: Strategy Inc
Filing Date: 2025-07-07
Form: 8-K
Item: Item 8.01
Chunk 6
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 payment to the extent paid in cash, quarterly in arrears on March 31, June 30, September 30 and December 31 (each, a “ Regular Dividend Payment Date”) of each year as follows:

• STRK Stock accumulates cumulative dividends (“
Regular STRK Dividends
”) at a rate per annum equal to 8.00% on the Liquidation Preference thereof (the “
Regular STRK Dividend Rate
”). Regular STRK Dividends are payable, at Strategy’s election, in cash, shares of class A common stock or a combination of cash and shares of class A common stock. If Strategy elects to pay any portion of a declared Regular STRK Dividend in shares of class A common stock, then those shares will be valued at 95% of the daily volume-weighted average price per share of class A common stock on the third trading day before the related Regular Dividend Payment Date. However, the number of shares of class A common stock that Strategy will deliver as payment for any declared Regular STRK Dividend will be limited to a maximum number equal to the total dollar amount of the declared Regular STRK Dividend (including any portion thereof that Strategy has elected to pay in shares of class A common stock) divided by the “floor price,” which initially is equal to $119.03 per share and is subject to customary anti-dilution adjustments. If the number of shares that Strategy delivers is limited as a result of this provision, then Strategy will, to the extent it is legally able to do so, declare and pay the related deficiency in cash. If any accumulated Regular STRK Dividend (or any portion thereof) on the STRK Stock is not paid on the applicable Regular Dividend Payment Date (or, if such Regular Dividend Payment Date is not a business day, the next business day), then additional Regular STRK Dividends (“
Compounded STRK Dividends
”) will accumulate on the amount of such unpaid Regular STRK Dividend, compounded quarterly at the Regular STRK Dividend Rate, from, and including, such Regular Dividend Payment Date to, but excluding, the date the same, including all Compounded STRK Dividends thereon, is paid in full.

• STRF Stock accumulates cumulative dividends (“
Regular STRF Dividends
”) at a rate per annum equal to 10.00% (the “
Regular STRF Dividend Rate
”) of the stated amount of $100 per share