Company: MSTR
Filing Date: 2025-02-18
Form Type: 10-K
Source: 0000950170-25-021814
Chunk: 624

Company: Strategy Inc
Filing Date: 2025-02-18
Form: 10-K
Item: Item 8
Chunk 624
---
 (7,455
    )

    Accounts payable and accrued expenses

    1,141

    (634
    )

    (3,521
    )

    Accrued compensation and employee benefits

    (34,563
    )

    (12,000
    )

    (12,344
    )

    Accrued interest

    4,193

    (1,336
    )

    1,336

    Deferred revenue and advance payments

    1,049

    2,362

    14,839

    Operating lease liabilities

    (10,510
    )

    (10,218
    )

    (9,634
    )

    Other long-term liabilities

    (2,841
    )

    2,454

    (8,196
    )

    Net cash (used in) provided by operating activities

    (53,032
    )

    12,712

    3,211

    Investing activities:

    Purchases of digital assets

    (22,072,759
    )

    (1,902,299
    )

    (287,921
    )

    Proceeds from sale of digital assets

    0

    0

    11,817

    Advance deposits on purchases of property and equipment

    (10,500
    )

    0

    0

    Purchases of property and equipment

    (2,978
    )

    (2,938
    )

    (2,486
    )

    Net cash used in investing activities

    (22,086,237
    )

    (1,905,237
    )

    (278,590
    )

    Financing activities:

    Proceeds from convertible senior notes

    6,213,750

    0

    0

    Issuance costs paid for convertible senior notes

    (81,033
    )

    0

    0

    Payments to settle conversions and redemption of convertible senior notes

    (398
    )

    0

    0

    Proceeds from secured term loan, net of lender fees

    0

    0

    204,693

    Issuance costs paid for secured term loan, excluding lender fees

    0

    0

    (107
    )

    Repayments of secured debt and third-party extinguishment