Company: MSTR
Filing Date: 2025-07-28
Form Type: 8-K
Source: 0000950170-25-098938
Chunk: 0

Company: Strategy Inc
Filing Date: 2025-07-28
Form: 8-K
Item: Item 8.01
Chunk 0
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Item 8.01 Other Events.

ATM Updates

On July 28, 2025, MicroStrategy Incorporated d/b/a Strategy (“ Strategy” or the “ Company”) announced updates with respect to its at-the-market offering programs:

  ATM Program Summary                                                                                                            As of  
                                                                                                                                        
                                                                                                                         July 27, 2025  
  Common ATM                                                                                                                 $17,042.7  
 ────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Securities Offered: Class A Common Stock, $0.001 par value per share (“ MSTR Shares”)                                                 
  Size: $21 billion                                                                                                                     
  Established: May 1, 2025                                                                                                              
  STRK ATM                                                                                                                   $20,450.2  
  Securities Offered: 8.00% series A perpetual strike preferred stock, $0.001 par value per share (“ STRK Shares”)                      
  STRF ATM                                                                                                                    $1,881.1  
  Securities Offered: 10.00% series A perpetual strife preferred stock, $0.001 par value per share (“ STRF Shares”)                     
  STRD ATM                                                                                                                    $4,182.0  
  Securities Offered: 10.00% series A perpetual stride preferred stock, $0.001 par value per share (“ STRD 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 28, 2025, Strategy announced updates with respect to its bitcoin holdings:

  During Period July 21, 2025 to July 27, 2025                                                  As of July 27, 2025                                              
  BTC                                               Aggregate                    Average        Aggregate                Aggregate                    Average    
                                                                                                                                                                 
  Acquired (1)                                      Purchase                     Purchase       BTC                      Purchase                     Purchase   
                                                                                                                                                                 
                                                    Price (in millions) (2)      Price (2)      Holdings                 Price (in billions) (2)      Price (2)  
  -                                                 -                            -              607,770                  43.61                        71,756     
 ─────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────

(1) No bitcoin purchases were made during the week.

(2) Aggregate and average purchase prices are inclusive of fees and expenses