Company: MSTR
Filing Date: 2025-11-04
Form Type: 8-K
Source: 0001193125-25-263914
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Company: Strategy Inc
Filing Date: 2025-11-04
Form: 8-K
Item: Item 8.01
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Item 8.01.      Other Events.  

On November 4, 2025, Strategy Inc (the “ Company”) consolidated its existing at-the-marketoffering programs to enable greater efficiency with respect to (i) the administration of its existing at-the-marketofferings and (ii) any potential future launch of other at-the-marketofferings as a whole. As part of this consolidation, on November 4, 2025, the Company entered into an Omnibus Sales Agreement (the “ Omnibus Sales Agreement”) with TD Securities (USA) LLC, Barclays Capital Inc., The Benchmark Company, LLC, BTIG, LLC, Canaccord Genuity LLC, Cantor Fitzgerald & Co., Clear Street LLC, Compass Point Research & Trading, LLC, H. C. Wainwright & Co., LLC, Keefe, Bruyette & Woods, Inc., Maxim Group LLC, Mizuho Securities USA LLC, Morgan Stanley & Co. LLC, Santander US Capital Markets LLC, SG Americas Securities, LLC and TCBI Securities, Inc., doing business as Texas Capital Securities, as sales agents (each an “ Agent” and collectively, the “ Agents”), pursuant to which the Company may issue and sell the following shares from time to time through the Agents (the “ Offering”):

  (i)      10.00% series A perpetual strife preferred stock, $0.001 par value per share (“ STRF Stock”);  

  (ii)      variable rate series A perpetual stretch preferred stock, $0.001 par value per share (“ STRC Stock”);  

  (iii)      8.00% series A perpetual strike preferred stock, $0.001 par value per share (“ STRK Stock”);  

  (iv)      10.00% series A perpetual stride preferred stock, $0.001 par value per share (“ STRD Stock”);  

  (v)      class A common stock, $0.001 par value per share (“ Common Stock”); and  

  (vi)      preferred stock, $0.001 par value per share, of any additional series of preferred stock as may be designated by the Company from time to time in the future (“ Future Designated Preferred Stock”).  

The shares of STRF Stock, STRC Stock, STRK Stock, STRD Stock, Common Stock and Future Designated Preferred Stock that the Company may from time to time issue and sell pursuant to the Omnibus Sales Agreement are collectively referred to herein as the “