Company: MSTR
Filing Date: 2025-11-10
Form Type: 8-K
Source: 0001193125-25-273310
Chunk: 0

Company: Strategy Inc
Filing Date: 2025-11-10
Form: 8-K
Item: Item 8.01
Chunk 0
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Item 8.01 Other Events.

ATM Update

On November 10, 2025, Strategy Inc ("Strategy") announced an update with respect to sales made under its at-the-market offering program ("ATM") of the following securities:

                                                                                                                                                                           As of November 9, 2025                                       
  Security                                                                   Notional Value (in millions) (1)                Net Proceeds (in millions) (2)                Available for Issuance and Sale (in millions)                
 ────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  STRF Stock                                                    165,614      $                                     16.6      $                                   18.3      $                                                   1,641.7  
  10.00% Series A Perpetual Strife Preferred Stock                                                                                                                                                                                      
  STRC Stock                                                    262,311      $                                     26.2      $                                   26.2      $                                                   4,173.8  
  Variable Rate Series A Perpetual Stretch Preferred Stock                                                                                                                                                                              
  STRK Stock                                                     50,881      $                                      5.1      $                                    4.5      $                                                  20,336.2  
  8.00% Series A Perpetual Strike Preferred Stock                                                                                                                                                                                       
  STRD Stock                                                     12,800      $                                      1.3      $                                    1.0      $                                                   4,132.8  
  10.00% Series A Perpetual Stride Preferred Stock                                                                                                                                                                                      
  MSTR Stock                                                          -      $                                        -      $                                      -      $                                                  15,854.4  
  Class A Common Stock                                                                                                                                                                                                                  
  Total                                                                                                                      $                                   50.0                                                                   

(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 November 10, 2025, Strategy announced updates with respect to its bitcoin holdings:

  During Period November 3, 2025 to November 9, 2025                                                                                                         As of November 9, 2025                                                                                  
  BTC Acquired (1)                                                 Aggregate Purchase Price (in millions) (2)                Average Purchase Price (2)      Aggregate BTC Holdings      Aggregate Purchase Price (in billions) (2)      Average Purchase Price (2