Company: MSTR
Filing Date: 2025-10-27
Form Type: 8-K
Source: 0001193125-25-250751
Chunk: 0

Company: Strategy Inc
Filing Date: 2025-10-27
Form: 8-K
Item: Item 8.01
Chunk 0
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Item 8.01 Other Events.

ATM Updates

On October 27, 2025, Strategy Inc (“ Strategy” or the “ Company”) announced updates with respect to its at-the-market offering programs:

  ATM Program Summary                                                                                                                                   During Period                                                              As of  
                                                                                                                                                                                                                                          
                                                                                                                                                        October 20, 2025 to October 26, 2025                            October 26, 2025  
 ──────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  STRF ATM                                                                                                                                              175,634 STRF Shares                       $17.6      $19.4              $1,668.4  
  $2.1 billion of 10.00% series A perpetual strife preferred stock, $0.001 par value per share (“ STRF Shares”), established May 22, 2025                                                                                                 
  STRC ATM                                                                                                                                              -                                         -          -                  $4,200.0  
  $4.2 billion of variable rate series A perpetual stretch preferred stock, $0.001 par value per share (“ STRC Shares”), established July 31, 2025                                                                                        
  STRK ATM                                                                                                                                              191,404 STRK Shares                       $19.1      $17.0             $20,345.0  
  $21 billion of 8.00% series A perpetual strike preferred stock, $0.001 par value per share (“ STRK Shares”), established March 10, 2025                                                                                                 
  STRD ATM                                                                                                                                              87,462 STRD Shares                        $8.7       $7.0               $4,136.1  
  $4.2 billion of 10.00% series A perpetual stride preferred stock, $0.001 par value per share (“ STRD Shares”), established July 7, 2025                                                                                                 
  MSTR ATM                                                                                                                                              -                                         -          -                 $15,908.8  
  $21 billion of class A common stock, $0.001 par value per share ("MSTR Shares"), established May 1, 2025                                                                                                                                
  Total                                                                                                                                                                                                      $43.4                        

(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 October 27, 2025, Strategy announced updates with respect to