Company: MSTR
Filing Date: 2025-09-29
Form Type: 8-K
Source: 0001193125-25-221772
Chunk: 0

Company: Strategy Inc
Filing Date: 2025-09-29
Form: 8-K
Item: Item 8.01
Chunk 0
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Item 8.01 Other Events.

ATM Updates

On September 29, 2025, Strategy Inc (“ Strategy” or the “ Company”) announced updates with respect to its at-the-market offering programs:

  ATM Program Summary                                                                                                                                   During Period                                                                     As of  
                                                                                                                                                                                                                                                 
                                                                                                                                                        September 22, 2025 to September 28, 2025                             September 28, 2025  
 ─────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  STRF ATM                                                                                                                                              101,713 STRF Shares                           $10.2      $11.3                 $1,718.8  
  $2.1 billion of 10.00% series A perpetual strife preferred stock, $0.001 par value per share (“ STRF Shares”), established May 22, 2025                                                                                                        
  STRC ATM                                                                                                                                              -                                             -          -                     $4,200.0  
  $4.2 billion of variable rate series A perpetual stretch preferred stock, $0.001 par value per share (“ STRC Shares”), established July 31, 2025                                                                                               
  STRK ATM                                                                                                                                              -                                             -          -                    $20,368.8  
  $21 billion of 8.00% series A perpetual strike preferred stock, $0.001 par value per share (“ STRK Shares”), established March 10, 2025                                                                                                        
  STRD ATM                                                                                                                                              5,000 STRD Shares                             $0.5       $0.4                  $4,151.4  
  $4.2 billion of 10.00% series A perpetual stride preferred stock, $0.001 par value per share (“ STRD Shares”), established July 7, 2025                                                                                                        
  MSTR ATM                                                                                                                                              347,352 MSTR Shares                           -          $116.4               $15,908.8  
  $21 billion of class A common stock, $0.001 par value per share ("MSTR Shares"), established May 1, 2025                                                                                                                                       
  Total                                                                                                                                                                                                          $128.1                          

(1) The total face value of the shares of preferred stock sold, which is used to calculate dividends thereon.

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

BTC Update

On September 29, 2025, Strategy announced updates with respect to its bitcoin holdings: