Company: MSTR
Filing Date: 2025-02-18
Form Type: 10-K
Source: 0000950170-25-021814
Chunk: 114

Company: Strategy Inc
Filing Date: 2025-02-18
Form: 10-K
Item: Item 2
Chunk 114
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926

        5,896

        14,615

        Restricted stock units

        1,647

        297

        1,195

        Performance stock units

        585

        0

        0

        Employee stock purchase plan

        16

        52

        64

        2025 Convertible Notes

        4,998

        0

        16,332

        2027 Convertible Notes

        7,330

        0

        7,330

        2028 Convertible Notes

        1,558

        0

        0

        2029 Convertible Notes

        497

        0

        0

        2030 Convertible Notes

        4,358

        0

        0

        2031 Convertible Notes

        2,046

        0

        0

        2032 Convertible Notes

        2,108

        0

        0

        Total

        32,069

        6,245

        39,536

109

(13) At-the-Market Equity OfferingsFrom time to time, the Company has entered into sales agreements with agents pursuant to which the Company could issue and sell shares of its class A common stock through at-the-market equity offering programs. Pursuant to these agreements, the Company agreed to pay the sales agents commissions for their services in acting as agents with respect to the sale of shares through the at-the-market equity offering programs and also agreed to provide the sales agents with reimbursement for certain incurred expenses and customary indemnification and contribution rights. The following table summarizes the terms and provisions of each sales agreement, and pursuant to each at-the-market equity offering program that was active during 2024, 2023, or 2022. The maximum aggregate offering price and cumulative net proceeds (less sales commissions and expenses) for each at-the-market equity offering program in the following table are reported in thousands. 

        October 2024 Sales Agreement

        August 2024 Sales Agreement

        November 2023 Sales Agreement

        August 2023 Sales Agreement

        May 2023 Sales Agreement

        2022 Sales Agreement

        Agreement effective date
         
        October 30, 2024

        August 1, 2024

        November 30, 2023