Company: MSTR
Filing Date: 2025-10-06
Form Type: 8-K
Source: 0001193125-25-230977
Chunk: 1

Company: Strategy Inc
Filing Date: 2025-10-06
Form: 8-K
Item: Item 8.01
Chunk 1
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 preferred stock, $0.001 par value per share, established July 7, 2025                                                                                       
  $21 billion of class A common stock, $0.001 par value per share, established May 1, 2025                                                                                                                     
  Total                                                                                                                                                                                                        

  (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 October 6, 2025, Strategy announced updates with respect to its bitcoin holdings:

  During Period September 29, 2025 to October 5, 2025                                        As of October 5, 2025                                                            
  BTC                                                      Aggregate          Average        Aggregate                               Aggregate                     Average    
  Acquired (1)                                             Purchase           Purchase       BTC                                     Purchase                      Purchase   
                                                           Price (in          Price (2)      Holdings                                Price (in                     Price (2)  
                                                           millions) (2)                                                             billions) (2)                            
                                                           $                  $                                         640,031      $                  47.35      $          
 ──────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────

  (1)      No bitcoin purchases were made this week.  

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

  II.      Q3 2025 Financial Updates  
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Financial Update Highlights

In respect of the quarter ended September 30, 2025, the Company had:

  $3.89 billion unrealized gain on digital assets; and  

  $1.12 billion associated deferred tax expense.  

As of September 30, 2025, the Company had:

  $73.21 billion digital asset carrying value; and  

  $7.43 billion related deferred tax liability.  

CAMT Update

On September 30, 2025, the Department of the Treasury (the “ Treasury”) and the Internal Revenue Service (“ IRS”) issued interim guidance (the “ Interim Guidance”) which, in relevant part, clarifies that a corporation may disregard unrealized gains and losses on its digital asset holdings when computing adjusted financial statement income (“ AFSI”) for purposes of determining whether it is subject to the 15% corporate alternative minimum tax (“ CAMT”) under the Inflation Reduction Act of 2022 (the “ IRA”).