Company: MSTR
Filing Date: 2025-01-27
Form Type: S-3ASR
Source: 0001193125-25-012707
Chunk: 14

Company: Strategy Inc
Filing Date: 2025-01-27
Form: S-3ASR
Chunk 14
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 currency, 
 currencies or currency units in which principal and interest, if any, on the debt securities may be payable;  |

| • |     | any conversion or exchange features of the debt securities; |

| • |     | whether the debt securities will be subject to the defeasance provisions in the indenture; |

| • |     | whether the debt securities will be issued in definitive or global form or in definitive form only upon 
 satisfaction of certain conditions;                                                                     |

| • |     | any special tax implications of the debt securities; |

| • |     | any events of defaults or covenants in addition to or in lieu of those set forth in the indenture; and |

| • |     | any other material terms of the debt securities. |

When we refer to “principal” in this section with reference to the debt securities, we are also referring to “premium, if any.” We may from time to time, without notice to or the consent of the holders of any series of debt securities, create and issue further debt securities of any such series ranking equally with the debt securities of such series in all respects (or in all respects other than (1) the payment of interest accruing prior to the issue date of such further debt securities or (2) the first payment of interest following the issue date of such further debt securities). Such further debt securities may be consolidated and form a single series with the debt securities of such series and have the same terms as to status, redemption or otherwise as the debt securities of such series. You may present debt securities for exchange and you may present debt securities for transfer in the manner, at the places and subject to the restrictions set forth in the debt securities and the applicable prospectus supplement. We will provide you those services without charge, although you may have to pay any tax or other governmental charge payable in connection with any exchange or transfer, as set forth in the indenture. Debt securities may bear interest at a fixed rate or a floating rate. Debt securities bearing no interest or interest at a rate that at the time of issuance is below the prevailing market rate (original issue discount securities) may be sold at a discount below their stated principal amount. U.S. federal income tax considerations applicable to any such discounted debt securities or to certain debt securities issued at par which are treated as having been issued at a discount for U.S. federal income tax purposes will be described in the applicable prospectus supplement. -13-

We may issue debt securities with the principal amount payable on any principal