Company: MSTR
Filing Date: 2025-07-07
Form Type: 8-K
Source: 0000950170-25-094137
Chunk: 1

Company: Strategy Inc
Filing Date: 2025-07-07
Form: 8-K
Item: Item 8.01
Chunk 1
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Item 8.01 Other Events.

The financial information set forth in this Current Report on Form 8-K has been prepared by Strategy management. Strategy’s independent registered public accounting firm, KPMG LLP, has not audited or reviewed, and does not express an opinion with respect to, such financial information.

On August 7, 2024, we completed a 10-for-1 stock split of our class A and class B common stock. See Note 2(a), Summary of Significant Accounting Policies - Basis of Presentation, to the Consolidated Financial Statements, in our Annual Report on Form 10-K for the year ended December 31, 2024 for further information. As a result of the stock split, all applicable share and per share information presented within this Current Report on Form 8-K has been retroactively adjusted to reflect the stock split for all periods presented.

I.

ATM and BTC Update for the Period June 30, 2025 to July 6, 2025

ATM Update

On July 7, 2025, Strategy announced updates with respect to its at-the-market offering programs:

                                                                                                                         During Period                      As of                        
                                                                                                                         June 30, 2025 to July 6, 2025      July 6, 2025                 
  ATM Program Summary                                                                                                    Shares Sold                        Available for                
                                                                                                                                                            Issuance and                 
                                                                                                                                                            Sale                         
                                                                                                                                                            (in millions)                
  Common ATM                                                                                                                                                $                  18,111.0  
  STRK ATM                                                                                                                                                  $                  20,522.1  
  STRF ATM                                                                                                                                                  $                   1,936.7  
 ─────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Securities Offered: Class A common stock, $0.001 par value per share (“ MSTR Shares”)                                                                                                  
  Securities Offered: 8.00% series A perpetual strike preferred stock, $0.001 par value per share (“ STRK Shares”)                                                                       
  Securities Offered: 10.00% series A perpetual strife preferred stock, $0.001 par value per share (“ STRF Shares”)                                                                      
  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 July 7, 2025, Strategy announced updates with