Company: MSTR
Filing Date: 2025-02-18
Form Type: 10-K
Source: 0000950170-25-021814
Chunk: 557

Company: Strategy Inc
Filing Date: 2025-02-18
Form: 10-K
Item: Item 2
Chunk 557
---
 
        n/a

        10,791,700

        n/a

        August 2023 Sales Agreement
         
        n/a

        15,929,500

        n/a

        November 2023 Sales Agreement

        1,951,620

        10,769,150

        n/a

        August 2024 Sales Agreement

        11,685,355

        n/a

        n/a

        October 2024 Sales Agreement

        38,671,537

        n/a

        n/a

        Total shares sold pursuant to at-the-market equity offering programs

        52,308,512

        50,978,900

        2,185,750

        Net proceeds received from shares sold under such sales agreement:

        2022 Sales Agreement
         
        n/a

        338,962

        $
        46,219

        May 2023 Sales Agreement
         
        n/a

        333,494

        n/a

        August 2023 Sales Agreement
         
        n/a

        737,760

        n/a

        November 2023 Sales Agreement

        137,152

        609,873

        n/a

        August 2024 Sales Agreement

        1,993,273

        n/a

        n/a

        October 2024 Sales Agreement

        14,199,432

        n/a

        n/a

        Total net proceeds received from shares sold pursuant to at-the-market equity offering programs
         
        $
        16,329,857

        $
        2,020,089

        $
        46,219

110

The sales commissions and expenses related to each of the above at-the-market equity offering programs are considered direct and incremental costs and are charged against “Additional paid-in capital” on the Consolidated Balance Sheet in the period in which the corresponding shares are issued and sold. 

(14) Treasury StockThe Board of Directors previously authorized the Company’s repurchase of up to an aggregate of $800.0 million of its class A common stock from time to time on the open market through April 29, 2023 under the Share Repurchase Program. The Share Repurchase Program expired by its own terms on April 29, 2023, and no shares of the Company’s class A common stock remain available for repurchase under the Share Rep