Company: MSTR
Filing Date: 2025-02-18
Form Type: 10-K
Source: 0000950170-25-021814
Chunk: 179

Company: Strategy Inc
Filing Date: 2025-02-18
Form: 10-K
Item: Item 16
Chunk 179
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 as collateral for any of the Company’s other indebtedness. After monthly payments made under the terms of the agreement, the loan had a net carrying value of $9.7 million and $10.2 million as of December 31, 2024 and 2023, respectively, and an outstanding principal balance of $9.8 million and $10.3 million as of December 31, 2024 and 2023, respectively.  As of December 31, 2024  and 2023, $0.5 million and $0.5 million of the respective net carrying values were short-term and presented in "Current portion of long-term debt, net" in the Consolidated Balance Sheets.MaturitiesThe following table shows the maturities of the Company’s debt instruments as of December 31, 2024 (in thousands). The principal payments related to the 2028 Convertible Notes, 2029 Convertible Notes, 2030 Convertible Notes, 2031 Convertible Notes, and 2032 Convertible Notes are included in the table below as if the holders exercised their right to require the Company to repurchase all of the respective convertible notes on their respective Date of Holder Put Option. 

        Payments due by period ended December 31,
         
        2027 Convertible Notes

        2028 Convertible Notes

        2029 Convertible Notes

        2030 Convertible Notes

        2031 Convertible Notes

        2032 Convertible Notes

        Other long-term secured debt

        Total

        2025
         
        $
        0

        $
        0

        $
        0

        $
        0

        $
        0

        $
        0

        $
        569

        $
        569

        2026

        0

        0

        0

        0

        0

        0

        600

        600

        2027

        1,050,000

        1,010,000

        0

        0

        0

        0

        8,634

        2,068,634

        2028

        0

        0

        3,000,000

        800,000

        603,750

        0

        0

        4,