MSTR · Strategy

429 filings

8-K

MSTR 8-K Current Reports

Strategy - 429 current reports

Filing record · 2016–202610-K1110-Q338-K265

Showing 1-50 of 429 filings

8-K

Regulation FDOther Events

Strategy 8-K Report, Regulation FD Disclosure (Nov 2, 2026)

In its 8-K filed November 2, 2026, Strategy Inc (MSTR) reported activity for the period October 26 to November 1, 2026. Under its at-the-market program, it sold 1,178,552 shares of MSTR Class A Common Stock for net proceeds of $164.0 million, with $65.5 million used to fund bitcoin purchases and $98.5 million allocated to USD Cash. No preferred stock was sold under the program in the period. As of November 1, 2026, $18,621.4 million of MSTR Stock, $17,510.8 million of STRC Stock, $4,014.8 million of STRD Stock, $2,100.0 million of STRK Stock and $1,619.3 million of STRF Stock remained available for issuance and sale. Strategy bought 811 bitcoin for an aggregate purchase price of $65.5 million, at an average purchase price of $80,846 including fees and expenses. Its aggregate holdings reached 849,327 bitcoin, with an aggregate purchase price of $64.08 billion and an average purchase price of $75,451. On the capital management side, Strategy repurchased 2,092,035 shares of STRC Stock for $208.2 million, funded from USD Cash. It used $43.4 million of the USD Reserve to pay preferred stock dividends. As of November 1, 2026, the USD Reserve stood at $4.79 billion and USD Cash at $132.7 million. The filing states that $748.6 million of preferred stock remains available under the digital credit securities repurchase program and $1.0 billion of MSTR Stock remains available under the MSTR Stock repurchase program.

Nov 2, 2026 8-K

Earnings & ResultsLeadership ChangesRegulation FD+1

Strategy 8-K Report, Financial Results (Oct 29, 2026)

Strategy Inc (Nasdaq: MSTR) reported third-quarter 2026 results, with operating income of $20.91 billion driven by a gain on digital assets, and net income of $19.53 billion, or $44.75 diluted EPS. Total revenues for the quarter were $125.4 million, a 3% decrease year-over-year. As of October 25, 2026, the company held approximately 848,517 bitcoin with a market value of $68.90 billion against an original cost basis of $64.02 billion. Net income attributable to common stockholders was $19.12 billion after $419.6 million of preferred dividends. The company also announced a leadership transition: CFO Andrew Kang will resign effective November 5, 2026, and remain as a non-executive advisor through December 31, 2026. CEO Phong Le will serve as principal financial officer from November 6 through December 31, 2026. Reza Virasteh becomes Executive Vice President & Chief Financial Officer and co-principal financial officer effective January 1, 2027, and Shelley Khanna becomes Chief Accounting Officer effective November 6, 2026. Digital credit activity included $2.04 billion of STRC repurchases year to date at an average price of $97.39 per share, and a $3.0 billion repurchase program with approximately $956.7 million remaining. The company also upgraded STRC to daily dividends starting November 1, 2026, and STRF, STRK and STRD to daily dividends starting January 1, 2027. Management expects preferred distributions to be treated as non-taxable return of capital for the foreseeable future.

Oct 29, 2026 8-K

Shareholder MattersCorporate ChangesRegulation FD+2

Strategy 8-K Report, Rights Modification (Oct 29, 2026)

Strategy Inc (MSTR) filed an 8-K on October 29, 2026 reporting that it had filed four amended and restated certificates of designations for its preferred stock series (STRF, STRC, STRK and STRD) with the Delaware Secretary of State. The amendments permit daily dividends. The Second A&R STRC Stock CoD becomes effective at 12:01 a.m. Eastern Time on November 1, 2026, and the amendments for STRF, STRK and STRD become effective at 12:01 a.m. Eastern Time on January 1, 2027. The filing states that the changes do not increase or decrease the total amount of regular dividends payable, do not change any dividend rates, and do not change the Company's overall dividend payment obligations. Other than the change in dividend payment frequency and related changes, the filing states the rights and protections associated with the dividends are unchanged. Stockholders approved Proposal 1 at a Special Meeting held on October 28, 2026, with 381,373,199 votes for, 2,236,551 against and 444,753 abstentions. Because Proposal 1 was approved, the adjournment proposal (Proposal 2) was not needed, though it also received the requisite votes (376,177,572 for, 7,249,982 against, 626,949 abstentions). The filing also confirms that the contingent conditions for the STRC daily dividends for November 2026 have been satisfied. Stockholder approval was obtained and the Second A&R STRC Stock CoD has been filed and will take effect on November 1, 2026. Accordingly, the November Daily Dividends with record dates from November 1 through November 30, 2026 will be payable under their terms, and the previously declared semi-monthly STRC dividend payable November 15, 2026 will not be payable.

Oct 29, 2026 8-K

Other Events

Strategy 8-K Report, Corporate Update (Oct 28, 2026)

On October 28, 2026, Strategy Inc held a Special Meeting of Stockholders. Based on preliminary voting results, the requisite vote was obtained from the issued and outstanding shares of common stock as of the September 25, 2026 record date to approve and adopt amended and restated certificates of designations for the company's 10.00% Series A Perpetual Strife Preferred Stock (STRF), Variable Rate Series A Perpetual Stretch Preferred Stock (STRC), 8.00% Series A Perpetual Strike Preferred Stock (STRK), and 10.00% Series A Perpetual Stride Preferred Stock (STRD). The amendments permit daily dividends. Under the new schedule, these preferred stocks will have a dividend record date on every calendar day, including weekends and market and bank holidays. The change takes effect November 1, 2026 for STRC and January 1, 2027 for STRF, STRK, and STRD, subject to the filing and effectiveness of the amended certificates. For shares cleared through DTC, a record date falling on a weekend or DTC holiday is deemed by DTC to fall on the preceding non-holiday. The filing explains that multiple daily dividends can therefore share a single record and ex-dividend date and be paid together, and it notes that treatment may differ for shares not cleared through DTC, for venues other than Nasdaq, and by individual broker policies. The filing is made under Item 8.01 (Other Events) and includes a forward-looking statements disclaimer that refers to risk factors in the company's Quarterly Report on Form 10-Q filed August 3, 2026.

Oct 28, 2026 8-K

Regulation FDOther Events

Strategy 8-K Report, Regulation FD Disclosure (Oct 26, 2026)

Strategy reported in an 8-K filed October 26, 2026 that during the period from October 19 to October 25, 2026, it sold no shares under its at-the-market offering program and neither purchased nor sold any bitcoin. As of October 25, 2026, Strategy held approximately 848,517 bitcoin, acquired at an aggregate purchase price of $64.02 billion and an average purchase price of approximately $75,446 per bitcoin, inclusive of fees and expenses. The main capital activity in the period was preferred stock repurchases. Strategy repurchased 2,068,459 shares of its STRC preferred stock for an aggregate $204.9 million, funded from USD Cash. No STRF, STRK, STRD, or MSTR Class A common stock was repurchased. Remaining capacity was $956.8 million under the digital credit securities repurchase program and $1.0 billion under the MSTR Stock repurchase program. As of October 25, 2026, the USD Reserve, which the filing says is intended to support preferred dividends and interest on indebtedness, stood at $4.83 billion, and USD Cash, which management may deploy for general Bitcoin Treasury Company purposes, stood at $242.4 million. The information under Item 7.01 is furnished rather than filed, and Strategy points investors to its website dashboard (www.strategy.com) for market prices, bitcoin holdings, and key metrics.

Oct 26, 2026 8-K

Regulation FDOther Events

Strategy 8-K Report, Regulation FD Disclosure (Oct 19, 2026)

Strategy Inc (MSTR) filed an 8-K on October 19, 2026 reporting activity for the period October 12 to October 18, 2026 under three items. Under Item 8.01, the company sold 140,872 shares of MSTR Class A Common Stock through its at-the-market program, with net proceeds of $22.0 million, which were used to fund bitcoin purchases. No preferred stock (STRF, STRC, STRK, STRD) was sold under the ATM during the period. As of October 18, 2026, aggregate ATM capacity remaining was $18,785.6 million for MSTR stock, $17,510.8 million for STRC, $4,014.8 million for STRD, $2,100.0 million for STRK, and $1,619.3 million for STRF. On the bitcoin side, the company purchased 267 BTC for an aggregate purchase price of $22.1 million, at an average price of $82,900 per bitcoin (inclusive of fees and expenses), funded by $22.0 million of MSTR stock proceeds and $0.1 million of USD Cash. Aggregate BTC holdings reached 848,517 as of October 18, 2026, with an aggregate purchase price of $64.02 billion and an average purchase price of $75,446. The board also raised the digital credit securities repurchase program authorization from $2.0 billion to $3.0 billion; $1.16 billion remained available as of October 18, 2026. During the period, the company repurchased 1,938,780 shares of STRC Stock for $193.1 million using USD Cash, and $1.0 billion of MSTR stock repurchase authority remained available. Capital reserves are also disclosed. The USD Reserve, which supports preferred dividends and interest on indebtedness, was used for $45.5 million of dividend payments during the period and stood at $4.83 billion as of October 18, 2026, while USD Cash stood at $447.3 million. Under Item 7.01, the company notes its website dashboard (www.strategy.com) as a Regulation FD disclosure channel, and the furnished information is not deemed filed under the Exchange Act.

Oct 19, 2026 8-K

Regulation FDOther Events

Strategy 8-K Report, Regulation FD Disclosure (Oct 16, 2026)

On October 15, 2026, Strategy Inc (the "Company") announced that, if a Contingent Dividend Condition is satisfied, the regular dividend rate on its Variable Rate Series A Perpetual Stretch Preferred Stock ("STRC") for record dates from November 1 through November 30, 2026 will be 12.00%. The same day, the board declared daily cash dividends on STRC for each calendar day in November 2026, with per-share amounts of $0.03 or $0.04 and a stated total of $1.00 attributable to November 2026 record dates. Management also stated it will recommend maintaining the 12.00% rate until STRC has demonstrated sustained, healthy trading near $100 per share. The daily dividends are payable only if two conditions are met: stockholders approve the Daily Dividend Amendments at a special meeting scheduled for October 28, 2026 (by 5:00 p.m. New York City time on October 31, 2026), and the Second Amended and Restated STRC Certificate of Designations is filed and effective by 12:01 a.m. Eastern time on November 1, 2026. If the condition is satisfied, the November 15 semi-monthly dividend declared on September 30, 2026 will not be payable; if it is not satisfied, that November 15 dividend will be payable and the November daily dividends will not. The filing states that both cannot become unconditionally payable. The Company expects the November daily dividends, if payable, to be characterized as non-taxable returns of capital to the extent of a shareholder's tax basis for U.S. federal income tax purposes, though it advises shareholders to consult their own tax advisors. The filing also incorporates a Regulation FD disclosure referencing the Company's website dashboard and proxy materials for the special meeting.

Oct 16, 2026 8-K

Regulation FDOther EventsExhibits & Filings

Strategy 8-K Report, Regulation FD Disclosure (Oct 13, 2026)

Strategy Inc (Nasdaq: STRF/STRC/STRK/STRD/MSTR; LuxSE: STRE) issued a press release on October 12, 2026, announcing capital markets and capital management updates for the period October 5 to October 11, 2026, furnished as Exhibit 99.1 to this Form 8-K. During the period, the company acquired 250 bitcoin at an aggregate purchase price of $21.5 million, an average purchase price of $86,194 per bitcoin inclusive of fees and expenses. Aggregate bitcoin holdings reached 848,250 BTC as of October 11, 2026, with an aggregate purchase price of $64.00 billion and an average purchase price of $75,444. Funding for the bitcoin purchases came primarily from MSTR Stock sales: 125,183 shares of Class A Common Stock were sold under the at-the-market program, generating $21.0 million in net proceeds that were used to fund bitcoin purchases, with $0.5 million from USD Cash. The company also repurchased 1,932,145 shares of its STRC preferred stock for $192.4 million. No shares of STRF, STRK, STRD or MSTR common stock were repurchased in the period. As of October 11, 2026, the USD Reserve balance was $4.88 billion and USD Cash was $640.5 million. Remaining capacity under programs as of October 11, 2026 included $1,619.3 million for STRF, $17,510.8 million for STRC, $2,100.0 million for STRK, $4,014.8 million for STRD and $18,807.6 million for MSTR under the ATM program, along with $354.8 million remaining under the digital credit securities repurchase program and $1.0 billion remaining under the MSTR Stock repurchase program.

Oct 13, 2026 8-K

Regulation FDOther Events

Strategy 8-K Report, Regulation FD Disclosure (Oct 5, 2026)

Strategy Inc (MSTR) filed this Form 8-K on October 5, 2026 to report updates on its at-the-market (ATM) sales, bitcoin holdings, share repurchases, capital reserves, and preliminary third-quarter 2026 financial estimates. Under the ATM program, no preferred stock or Class A Common Stock was sold during September 28 to September 30, 2026. During October 1 to October 4, 2026, Strategy sold 92,894 shares of MSTR Class A Common Stock, generating $15.7 million in net proceeds, which were used to fund bitcoin purchases. As of October 4, 2026, Strategy held 848,000 bitcoin, with an aggregate purchase price of $63.97 billion and an average purchase price of $75,440.7 per bitcoin. Bitcoin purchases during October 1 to October 4 totaled $28.7 million, funded by $15.7 million from MSTR stock sales and $13.0 million of USD Cash. Strategy also repurchased preferred stock under its digital credit securities repurchase program: 1,033,168 STRC shares for $102.6 million during September 28 to September 30, and 740,634 STRC shares for $73.7 million during October 1 to October 4. As of October 4, 2026, the USD Reserve stood at $4.88 billion and USD Cash at $833.4 million. For the third quarter ended September 30, 2026, Strategy estimated a $20.91 billion gain on digital assets and $1.88 billion of associated deferred tax expense. Its digital asset carrying value was estimated at $70.82 billion as of that date. The estimate reflects the release of a valuation allowance against a $4.12 billion deferred tax asset, which reduced estimated deferred tax expense from approximately $6.00 billion to $1.88 billion. These financial figures are management estimates and have not been audited or reviewed by KPMG LLP.

Oct 5, 2026 8-K

Regulation FDOther Events

Strategy 8-K Report, Regulation FD Disclosure (Oct 1, 2026)

Strategy Inc (MSTR) filed this Form 8-K to disclose dividend actions on its Variable Rate Series A Perpetual Stretch Preferred Stock (STRC). On September 30, 2026, the company announced it will maintain the regular dividend rate on STRC at 12.00% per annum for semi-monthly periods commencing on or after October 16, 2026. The board declared semi-monthly cash dividends of $0.50 per share on STRC, payable October 31, 2026 to holders of record on October 15, 2026, and a second $0.50 per share dividend payable November 15, 2026 to holders of record on October 31, 2026. Management stated it will recommend to the board that the 12.00% rate be maintained until STRC shows sustained, healthy trading near $100 per share. The November 15 dividend is conditional. It will not be payable if both (a) stockholders approve the Daily Dividend Amendments at a special meeting scheduled for October 28, 2026, and (b) the Second Amended and Restated STRC Certificate of Designations is filed and effective by 12:01 a.m. Eastern time on November 1, 2026. If both conditions are met, the company intends to declare daily dividends for November 2026 with record dates for each calendar day, also at a 12.00% annual rate, payable on each subsequent business day. The October 31 dividend is not subject to these conditions. The company expects the dividends payable on October 31 and, if payable, November 15, 2026 to be treated as non-taxable returns of capital to the extent of a shareholder's tax basis for U.S. federal income tax purposes. The filing also includes Regulation FD disclosure noting the company's website dashboard (www.strategy.com) as a disclosure channel, and references a preliminary proxy statement filed September 25, 2026 for the special meeting.

Oct 1, 2026 8-K

Regulation FDOther Events

Strategy 8-K Report, Regulation FD Disclosure (Sep 28, 2026)

Strategy Inc reported weekly updates for the period September 21 to September 27, 2026, covering at-the-market (ATM) sales, bitcoin purchases, preferred stock repurchases, and its capital reserves. The company sold 1,469,165 shares of MSTR Class A Common Stock under its ATM program, generating $246.2 million in net proceeds. Of that amount, $142.7 million funded bitcoin purchases and $103.5 million funded repurchases of STRC preferred stock. No preferred stock was sold through the ATM during the period. Strategy acquired 1,665 bitcoin for an aggregate purchase price of $142.7 million, bringing aggregate holdings to 847,666 bitcoin as of September 27, 2026, with an aggregate purchase price of $63.95 billion. The company also repurchased 1,534,530 shares of STRC stock for $151.7 million. As of the report date, $723.5 million remained available under its digital credit securities repurchase program and $1.0 billion remained available under its MSTR Stock repurchase program. Strategy's USD Reserve stood at $5.02 billion and its USD Cash at $1.00 billion as of September 27, 2026. During the period, $48.1 million of USD Cash funded STRC repurchases and $22.1 million of the USD Reserve funded preferred stock dividend payments. The company also noted that its website dashboard is a disclosure channel under Regulation FD, and that the Item 7.01 information is furnished rather than filed.

Sep 28, 2026 8-K

Other Events

Strategy 8-K Report, Corporate Update (Sep 25, 2026)

Strategy Inc (MSTR) filed this Current Report under Item 8.01 (Other Events) to disclose that its Board of Directors, on September 24, 2026, approved submitting to stockholders a proposal to amend and restate the certificates of designations for four preferred stock series: 10.00% Series A Perpetual Strife Preferred Stock (STRF), Variable Rate Series A Perpetual Stretch Preferred Stock (STRC), 8.00% Series A Perpetual Strike Preferred Stock (STRK), and 10.00% Series A Perpetual Stride Preferred Stock (STRD). The amendments would move regular dividend record dates to each calendar day, with any declared dividend payable on the next business day. The filing states that the change would not increase or decrease the total amount of regular dividends payable, alter any dividend rates, or change the Company's overall dividend payment obligations. Apart from the frequency of payments and related changes, the rights and protections associated with the dividends would remain the same. If approved at a special meeting expected to be held virtually on October 28, 2026, and subject to Board declaration, the first daily-schedule payments would be made on November 2, 2026 for STRC (record date November 1, 2026) and on January 4, 2027 for STRF, STRK and STRD (record dates January 1, 2 and 3, 2027). The Board set September 25, 2026 as the record date for the Special Meeting. The Company has filed a preliminary proxy statement with the SEC and intends to file a definitive proxy statement, which stockholders are urged to review. The proposed amendments require stockholder approval and would take effect upon filing and effectiveness of the amended certificates of designations with the Delaware Secretary of State.

Sep 25, 2026 8-K

Regulation FDOther Events

Strategy 8-K Report, Regulation FD Disclosure (Sep 21, 2026)

Strategy Inc filed this Form 8-K on September 21, 2026 to report its weekly capital activity for the period September 14 to September 20, 2026. As of September 20, 2026, Strategy held 846,000 bitcoin with an aggregate purchase price of $63.80 billion and an average purchase price of $75,416 per bitcoin, inclusive of fees and expenses. During the period it bought 950 bitcoin for an aggregate purchase price of $75.7 million, at an average of $79,670 per bitcoin, funded with USD Cash. On the capital side, Strategy repurchased 1,771,238 shares of its STRC preferred stock for $174.0 million during the period, and did not repurchase shares of STRF, STRK, STRD or MSTR common stock. It sold no shares under its at-the-market offering program during the period. The filing states that $875.1 million of preferred stock repurchase capacity remains under its digital credit securities repurchase program and $1.0 billion remains under its MSTR Stock repurchase program. Liquidity figures disclosed as of September 20, 2026 show a USD Reserve of $5.04 billion and USD Cash of $1.05 billion. During the period, Strategy used $57.4 million of the USD Reserve to pay preferred dividends and debt interest. The filing also includes a Regulation FD disclosure noting that Strategy's website dashboard is used as a disclosure channel.

Sep 21, 2026 8-K

Regulation FDOther Events

Strategy 8-K Report, Regulation FD Disclosure (Sep 14, 2026)

Strategy Inc (MSTR) reported in this Form 8-K, dated September 14, 2026, that between September 8 and September 13, 2026 it sold no shares under its at-the-market offering program and bought or sold no bitcoin. As of September 13, 2026, the company held approximately 845,050 bitcoin, acquired at an aggregate purchase price of $63.73 billion, for an average purchase price of approximately $75,412 per bitcoin, inclusive of fees and expenses. During the same period, Strategy repurchased 1,420,467 shares of its STRC Stock (Variable Rate Series A Perpetual Stretch Preferred Stock) for an aggregate purchase price of $139.3 million. No repurchases were made of STRF, STRK, STRD or MSTR Class A Common Stock. The filing states that $1.05 billion of preferred stock purchase capacity remains under the digital credit securities repurchase program and $1.0 billion remains under the MSTR Stock repurchase program. The $139.3 million was funded from USD Cash. The filing also describes the company's capital framework: a USD Reserve, intended to support preferred dividends and debt interest, and USD Cash, held for broader general purposes including acquiring bitcoin. As of September 13, 2026, the USD Reserve stood at $5.10 billion and USD Cash at $1.30 billion. Item 7.01 information is furnished rather than filed, and the company's website dashboard (www.strategy.com) is cited as a Regulation FD disclosure channel.

Sep 14, 2026 8-K

Regulation FDOther Events

Strategy 8-K Report, Regulation FD Disclosure (Sep 8, 2026)

Strategy Inc (MSTR) reported in an 8-K filed September 8, 2026 that, during the period August 31 to September 7, 2026, it sold no shares under its at-the-market offering program and neither bought nor sold any bitcoin. As of September 7, 2026, Strategy held approximately 845,050 bitcoin, acquired at an aggregate purchase price of $63.73 billion and an average purchase price of approximately $75,412 per bitcoin, inclusive of fees and expenses. The company's board approved raising the aggregate purchase price authorized under its Digital Credit Securities Repurchase Program from $1.0 billion to $2.0 billion. As of September 7, 2026, $1.19 billion remained available under that program. During the period, Strategy repurchased 1,810,885 shares of STRC Stock for an aggregate $176.3 million, funded with USD Cash; no repurchases were made of STRF, STRK, STRD or MSTR Class A Common Stock. MSTR Stock repurchase authorization of $1.0 billion remained available. As of September 7, 2026, the USD Reserve, intended to support preferred dividends and interest on indebtedness, stood at $5.10 billion, and USD Cash, which management may deploy for general purposes including acquiring bitcoin, stood at $1.44 billion. The Item 7.01 disclosure refers investors to the company's strategy.com dashboard for ongoing information.

Sep 8, 2026 8-K

Regulation FDOther Events

Strategy 8-K Report, Regulation FD Disclosure (Sep 1, 2026)

On August 31, 2026, Strategy Inc announced that it will maintain the regular dividend rate on its Variable Rate Series A Perpetual Stretch Preferred Stock (STRC) at 12.00% per annum for semi-monthly periods commencing on or after September 16, 2026. The rate does not affect previously declared but unpaid STRC dividends. Management stated it will recommend keeping the 12.00% rate until STRC has demonstrated sustained, healthy trading near $100 per share. The same day, the board declared cash dividends on several preferred series: quarterly dividends on STRF ($2.50 per share), STRE (€2.50 per share), STRK ($2.00 per share) and STRD ($2.50 per share), and semi-monthly dividends on STRC ($0.50 per share), all payable September 30, 2026. The board also declared a further STRC semi-monthly dividend of $0.50 per share payable October 15, 2026, to holders of record as of September 30, 2026. The filing states that the company expects the dividends payable on September 30 and October 15, 2026 to be characterized as non-taxable returns of capital to the extent of a shareholder's tax basis, and that shareholders should consult their own tax advisors. The filing also furnishes information under Regulation FD, noting that the company uses its website dashboard (www.strategy.com) as a disclosure channel for market prices of its securities, bitcoin purchases and holdings, KPI metrics and other supplemental information.

Sep 1, 2026 8-K

Regulation FDOther Events

Strategy 8-K Report, Regulation FD Disclosure (Aug 31, 2026)

Strategy Inc (MSTR) filed an 8-K on August 31, 2026, reporting weekly updates for the period August 24 to August 30, 2026 on its at-the-market (ATM) program, bitcoin holdings, preferred stock repurchases, and capital reserves. The company sold 4,531,421 shares of its Class A Common Stock (MSTR) under the ATM, generating $602.8 million in net proceeds. It allocated those proceeds to four uses: $50.7 million for STRC preferred dividends, $369.7 million for bitcoin purchases, $151.8 million for repurchases of STRC preferred stock, and $30.0 million to increase its USD Cash liquidity account. No preferred stock (STRF, STRC, STRK, or STRD) was sold under the ATM during the period. The bitcoin purchases added 4,603 BTC at an average purchase price of $80,318, inclusive of fees and expenses. Aggregate holdings reached 845,050 BTC, with an aggregate purchase price of $63.73 billion and an average purchase price of $75,412. Strategy repurchased 1,557,177 shares of STRC preferred stock for $151.8 million under its Digital Credit Securities Repurchase Program. As of August 30, 2026, $364.8 million of preferred stock repurchase capacity and $1.0 billion of MSTR stock repurchase capacity remained available under programs announced June 29, 2026. As of August 30, 2026, the USD Reserve, which is intended to support preferred dividends and interest on indebtedness, stood at $5.10 billion, and USD Cash, which management may deploy for general Bitcoin Treasury Company purposes, stood at $1.61 billion. Both balances include expected proceeds from ATM sales that had not yet settled. The filing also furnishes the information under Item 7.01 (Regulation FD) and directs investors to the Strategy dashboard at www.strategy.com.

Aug 31, 2026 8-K

Regulation FDOther Events

Strategy 8-K Report, Regulation FD Disclosure (Aug 24, 2026)

On August 24, 2026, Strategy Inc announced the establishment of "USD Cash," a new component of its Digital Credit Capital Framework. USD Cash is a separately designated pool of U.S. dollar liquidity that management may retain for future general Bitcoin Treasury Company purposes, including acquiring bitcoin, paying preferred stock dividends and debt interest, repurchasing MSTR Stock or preferred stock, repaying or redeeming convertible notes, and increasing the USD Reserve. The existing USD Reserve policy is unchanged and remains designated to support preferred dividends and interest on indebtedness. The company says USD Cash gives management more flexibility to respond to market conditions, including dislocations in bitcoin or its securities markets. As of August 23, 2026, the USD Reserve stood at $5.10 billion and USD Cash at $1.59 billion, both including expected proceeds from ATM sales not yet settled. During the week of August 17 to August 23, 2026, Strategy sold 18,261,118 shares of MSTR Stock under its at-the-market program for $2,006.5 million in net proceeds. Of those proceeds, $136.4 million funded repurchases of STRC Stock, $300.0 million increased the USD Reserve, and the remainder increased USD Cash. No preferred stock was sold under the ATM that week. Strategy made no bitcoin purchases or sales during the week, leaving aggregate holdings at 840,447 BTC with an aggregate purchase price of $63.36 billion and an average purchase price of $75,385. The company repurchased 1,431,212 shares of STRC Stock for $136.4 million under its Digital Credit Securities Repurchase Program, which has $516.6 million of preferred stock capacity remaining. The MSTR Stock repurchase program has $1.0 billion remaining.

Aug 24, 2026 8-K

Regulation FDOther Events

Strategy 8-K Report, Regulation FD Disclosure (Aug 17, 2026)

On August 17, 2026, Strategy Inc filed an 8-K reporting weekly updates for the period August 10 to August 16, 2026 across its at-the-market (ATM) offerings, bitcoin holdings, share repurchases, and USD Reserve. Under the ATM, the company sold 3,458,866 shares of MSTR Class A Common Stock, generating $333.7 million in net proceeds, while no STRF, STRC, STRK, or STRD shares were sold. Of the MSTR proceeds, $52.4 million funded STRC dividends, $132.2 million funded STRC repurchases under the Digital Credit Securities Repurchase Program, and $149.1 million was added to the USD Reserve. Remaining ATM capacity as of August 16 was $21,702.7 million for MSTR, $17,510.8 million for STRC, $1,619.3 million for STRF, $2,100.0 million for STRK, and $4,014.8 million for STRD. Strategy made no bitcoin purchases or sales during the week, leaving aggregate holdings at 840,447 BTC with an aggregate purchase price of $63.36 billion and an average purchase price of $75,385 as of August 16, 2026. In its share repurchase program, the company repurchased 1,388,720 shares of STRC stock for $132.2 million, with no repurchases of other securities. As of the same date, $653.0 million of preferred stock capacity remained under the Digital Credit Securities Repurchase Program and $1.0 billion of MSTR Stock capacity remained under the MSTR repurchase program. The USD Reserve, which is intended to support preferred stock dividends and interest on indebtedness, stood at $4.80 billion as of August 16, 2026, including expected cash proceeds from ATM shares not yet settled. The filing also notes that the company's dashboard at www.strategy.com is a Regulation FD disclosure channel, and that the Item 7.01 information is furnished rather than filed.

Aug 17, 2026 8-K

Regulation FDOther Events

Strategy 8-K Report, Regulation FD Disclosure (Aug 10, 2026)

Strategy Inc filed a Form 8-K on August 10, 2026 with weekly updates covering the period August 3 to August 9, 2026. The company sold 6,585,682 shares of its MSTR Class A common stock under its at-the-market program, for net proceeds of $653.1 million. Of that, $650.0 million was used to increase the USD Reserve, and $3.1 million was added to the company's cash balance. No preferred stock (STRF, STRC, STRK or STRD) was sold during the period. On the bitcoin side, Strategy sold 1,690 bitcoin for an aggregate sale price of $108.6 million, with an average sale price of $64,262. The company stated that the proceeds funded repurchases of STRC stock under its Digital Credit Securities Repurchase Program. During the same period, it repurchased 1,152,020 shares of STRC stock for an aggregate purchase price of $108.6 million. As of August 9, 2026, Strategy held 840,447 bitcoin with an aggregate purchase price of $63.36 billion, an average purchase price of $75,385 per bitcoin. As of August 9, 2026, the USD Reserve, which the company maintains to support preferred dividends and interest on its indebtedness, stood at $4.65 billion, including expected proceeds from ATM sales that had not yet settled. Remaining capacity was $785.2 million under the preferred stock repurchase program and $1.0 billion under the MSTR common stock repurchase program. Remaining ATM issuance capacity was $22,036.8 million for MSTR common stock, $17,510.8 million for STRC, $4,014.8 million for STRD, $2,100.0 million for STRK and $1,619.3 million for STRF.

Aug 10, 2026 8-K

Regulation FDOther Events

Strategy 8-K Report, Regulation FD Disclosure (Aug 3, 2026)

On August 3, 2026, Strategy Inc reported ATM activity for the period July 27 to August 2, 2026. No shares of STRF, STRC, STRK or STRD were sold during the period. Strategy sold 3,011,361 shares of MSTR Class A Common Stock, with net proceeds of $290.6 million. As of August 2, 2026, $22,690.5 million of MSTR Stock remained available for issuance, and the filing notes that sales under the separately announced $21.0 billion MSTR Increase may begin once existing capacity is substantially depleted. Of the MSTR proceeds, $250.0 million was used to increase the USD Reserve, $28.9 million funded STRC repurchases, and $11.7 million was added to cash. On the bitcoin side, Strategy sold 1,638 BTC during the period at an aggregate sale price of $104.73 million, with $52.4 million used to fund preferred dividends and $52.3 million used to fund STRC repurchases. Aggregate holdings stood at 842,138 BTC as of August 2, 2026, with an aggregate purchase price of $63.51 billion and an average purchase price of $75,419. Strategy also repurchased 912,143 shares of STRC Stock for $81.2 million during the period, with $893.8 million of preferred repurchase capacity and $1.0 billion of MSTR repurchase capacity remaining. On dividends, the board declared semi-monthly STRC cash dividends of $0.50 per share, payable August 31 and September 15, 2026, representing a 12.00% annual rate, which management stated it will maintain for periods beginning August 16, 2026. Strategy expects these dividends to be characterized as non-taxable returns of capital to the extent of a holder's tax basis. As of August 2, 2026, the USD Reserve balance was $4.0 billion, including expected proceeds from unsettled ATM sales.

Aug 3, 2026 8-K/A

Exhibits & Filings

Strategy 8-K/A Report, Exhibit Filing (Jul 31, 2026)

Strategy Inc reported a second-quarter 2026 net loss of $8.22 billion, or $24.45 per diluted share, compared with net income of $10.02 billion in the year-earlier quarter. The loss was driven by an unrealized loss on digital assets of $8.32 billion, which produced an operating loss of $8.33 billion. Total revenues were $122.4 million, up 6.9% year over year, and gross profit was $81.6 million. Net loss attributable to common stockholders was $8.62 billion after $400.7 million of preferred stock dividends. As of July 26, 2026, the company held approximately 843,775 bitcoin, with an original cost basis of $63.69 billion and a market value of $54.77 billion, and described itself as the largest institutional holder of bitcoin. The company's financing activity centered on its preferred stock. STRC issuances raised $7.53 billion year to date, and ATM proceeds totaled $8.41 billion in the second quarter and a further $1.28 billion from July 1 to July 26. The company reduced its convertible notes outstanding from $8.21 billion to $6.71 billion through a May 2026 repurchase of $1.50 billion principal for about $1.38 billion in cash. It raised the STRC dividend rate to 12.00% and said it intends to repurchase STRC below $100 per share, with 288,930 shares bought at an average of $86.53 from July 20 to July 26. The USD Reserve stood at $3.75 billion, covering about 2.1 years of preferred dividends and interest, and the company sold $218.4 million of bitcoin year to date to fund part of its preferred dividends. Management introduced new metrics, including BTC Hurdle ARR of 10.8%, which it described as the current effective cost of credit, and Net Bitcoin Per Share. The company also changed how it calculates interim-period BTC Yield, BTC Gain and BTC $ Gain, effective January 1, 2026, making those interim figures not directly comparable to prior reports. Investors should weigh the large unrealized losses and the reliance on preferred issuance and bitcoin sales to fund dividends.

Jul 31, 2026 8-K

Earnings & ResultsRegulation FDExhibits & Filings

Strategy 8-K Report, Financial Results (Jul 30, 2026)

Strategy Inc (Nasdaq: MSTR) reported a second-quarter 2026 net loss of $8.22 billion, or $24.45 per diluted common share, versus net income of $10.02 billion in the year-earlier quarter. The loss was driven by an operating loss of $8.33 billion, which includes an unrealized loss on digital assets of $8.32 billion as bitcoin prices declined. Total revenues were $122.4 million, up from $114.5 million a year earlier, and gross profit was $81.6 million. Net loss attributable to common stockholders was $8.62 billion after $400.7 million of preferred stock dividends. The company's bitcoin holdings rose to 846,000 bitcoin at June 30, 2026 (843,775 as of July 26, 2026), with a carrying value of $49.67 billion at quarter-end and an average cost of $75,578 per bitcoin. Management highlighted balance sheet actions, including the May 2026 repurchase of $1.50 billion of 0% convertible notes due 2029 for approximately $1.38 billion in cash, which reduced convertible principal from $8.21 billion to $6.71 billion. The USD Reserve was $3.75 billion as of July 26, 2026, which management said covers preferred dividends and interest for more than 2.1 years. Management also outlined its Digital Credit strategy, including a STRC dividend rate increased to 12.00%, a $1.0 billion STRC repurchase program under which 288,930 shares were bought at an average price of $86.53, and a $1.0 billion MSTR repurchase program with no repurchases to date. The company expects its preferred distributions to be treated as non-taxable return of capital for the foreseeable future. The filing's results are presented in the attached press release (Exhibit 99.1), and the information is furnished rather than filed.

Jul 30, 2026 8-K

Regulation FDOther Events

Strategy 8-K Report, Regulation FD Disclosure (Jul 27, 2026)

Strategy Inc (MSTR) filed a Form 8-K on July 27, 2026, with weekly updates covering the period July 20 to July 26, 2026, on its at-the-market (ATM) sales, share repurchases, bitcoin holdings, and US dollar reserve. The filing reports no preferred stock sales under the ATM during the period. Sales of MSTR Stock (Class A common stock) totaled 5,429,160 shares, with net proceeds of $544.5 million. Remaining ATM capacity as of July 26, 2026 was $22,981.4 million for MSTR Stock, $17,510.8 million for STRC, $4,014.8 million for STRD, $2,100.0 million for STRK, and $1,619.3 million for STRF. The filing notes that sales under a previously announced $21.0 billion MSTR Increase may begin once capacity under the existing MSTR offering is substantially depleted. On the repurchase side, Strategy repurchased 288,930 shares of STRC stock for an aggregate purchase price of $25.0 million. No repurchases were reported for STRF, STRK, STRD, or MSTR. The filing states that $975.0 million of preferred stock purchase capacity remains under the Digital Credit Securities Repurchase Program, and $1.0 billion of Class A common stock purchase capacity remains under the MSTR Repurchase Program, both announced June 29, 2026. Strategy made no bitcoin purchases during the week. As of July 26, 2026, its aggregate bitcoin holdings were 843,775 BTC, acquired at an aggregate purchase price of $63.69 billion and an average purchase price of $75,476 per bitcoin, inclusive of fees and expenses. The filing also states that the USD Reserve, which supports preferred dividends and interest on indebtedness, stood at $3.75 billion as of July 26, 2026, including expected cash proceeds from ATM sales not yet settled. The filing also incorporates a Regulation FD disclosure referencing the company's strategy.com dashboard.

Jul 27, 2026 8-K

Regulation FDOther Events

Strategy 8-K Report, Regulation FD Disclosure (Jul 20, 2026)

On July 20, 2026, Strategy Inc filed an 8-K disclosing weekly updates for the period July 13 to July 19, 2026, covering its at-the-market (ATM) offering program, share repurchases, bitcoin holdings, and its USD Reserve. Under the ATM, no preferred stock (STRF, STRC, STRK, STRD) was sold during the period. MSTR Class A common stock sales totaled 2,732,318 shares, with net proceeds of $263.5 million. As of July 19, 2026, remaining capacity was $23,526.5 million for MSTR common stock, $1,619.3 million for STRF, $17,510.8 million for STRC, $2,100.0 million for STRK, and $4,014.8 million for STRD. The filing notes that sales under the separately announced $21.0 billion MSTR Increase may begin once capacity under the existing offering is substantially depleted. Strategy made no share repurchases during the period. It also made no bitcoin purchases during the week. As of July 19, 2026, aggregate bitcoin holdings were 843,775 BTC, with an aggregate purchase price of $63.69 billion and an average purchase price of $75,476 per bitcoin, both inclusive of fees and expenses. The USD Reserve, which is intended to support preferred stock dividends and interest on outstanding indebtedness, stood at $3.225 billion as of July 19, 2026. That balance includes expected cash proceeds from ATM sales that had not yet settled. The filing also references the company's website dashboard (strategy.com) as a Regulation FD disclosure channel, and the Item 7.01 information is furnished rather than filed.

Jul 20, 2026 8-K

Regulation FDOther Events

Strategy 8-K Report, Regulation FD Disclosure (Jul 13, 2026)

Strategy Inc (MSTR) filed an 8-K on July 13, 2026 reporting activity for the week of July 6 to July 12, 2026, under its at-the-market (ATM) offering program and related capital management. During the period, the company sold 4,818,781 shares of MSTR Class A Common Stock under its ATM, with net proceeds of $466.7 million, and sold no shares of its STRF, STRC, STRK, or STRD preferred stock. As of July 12, 2026, remaining capacity under the ATM was $1,619.3 million for STRF, $17,510.8 million for STRC, $2,100.0 million for STRK, $4,014.8 million for STRD, and $23,790.3 million for MSTR Stock, the latter reflecting combined capacity under the current offering and the $21.0 billion MSTR Increase announced March 23, 2026. The company did not repurchase any shares under its share repurchase programs during the week. It also made no bitcoin purchases during the period. As of July 12, 2026, Strategy's aggregate bitcoin holdings were 843,775 BTC, with an aggregate purchase price of $63.69 billion and an average purchase price of $75,476 per bitcoin, both inclusive of fees and expenses. The filing also states that the USD Reserve, which is intended to support preferred stock dividends and interest on outstanding indebtedness, stood at $3.0 billion as of July 12, 2026, including expected cash proceeds from ATM shares sold but not yet settled. Under Item 7.01, the company states that its website dashboard at www.strategy.com is a disclosure channel for Regulation FD purposes, and that the information furnished under Item 7.01 is not deemed filed for Section 18 of the Exchange Act purposes.

Jul 13, 2026 8-K

Leadership ChangesRegulation FDOther Events

Strategy 8-K Report, Executive Changes (Jul 6, 2026)

Strategy Inc (MSTR) reported in this 8-K filed July 6, 2026 that it made no sales under its at-the-market offering program and no share repurchases during the period June 29 through July 5, 2026. Bitcoin holdings were 846,000 BTC as of June 30, 2026 and 843,775 BTC as of July 5, 2026, after the company sold 1,363 BTC (June 29-30) and 2,225 BTC (July 1-5). Sale proceeds were used to fund preferred stock distributions and replenish the USD Reserve, which stood at $2.55 billion as of July 5, 2026. On June 29, 2026, the company announced a BTC Monetization Program allowing bitcoin sales to generate up to $1.25 billion of additional USD Reserve funding, with the full amount still available as of July 5. For the three months ended June 30, 2026, Strategy recorded an $8.32 billion loss on digital assets, including $8.31 billion of unrealized loss, and digital asset carrying value of $49.67 billion. The company stated that the cost basis of its bitcoin exceeded fair value as of June 30, 2026, and it will record a valuation allowance offsetting in full its deferred tax benefit and deferred tax asset tied to the unrealized bitcoin loss. The financial information is unaudited, and KPMG LLP has not audited or reviewed it. The filing also reports that Jeanine Montgomery retired as Vice President & Chief Accounting Officer and principal accounting officer on June 30, 2026, and that Andrew Kang, Chief Financial Officer, was designated principal accounting officer effective the close of business June 30, 2026, with no additional compensation.

Jul 6, 2026 8-K

Regulation FDOther Events

Strategy 8-K Report, Regulation FD Disclosure (Jun 29, 2026)

On June 29, 2026, Strategy Inc announced a "Digital Credit Capital Framework" made up of five components: a Board-approved USD Reserve policy, a revised STRC dividend policy, a $1.0 billion Digital Credit Securities repurchase program, a $1.0 billion class A common stock repurchase program, and a BTC monetization program. The USD Reserve may be used only for preferred stock dividends and interest expense, and must be kept at a minimum of 12 months of expected annual preferred dividends and interest obligations. As of June 28, 2026, the USD Reserve balance was $2.55 billion, including expected ATM proceeds not yet settled. The BTC monetization program authorizes sales of bitcoin for up to $1.25 billion of additional USD Reserve funding, plus funding of dividends, interest, and repurchases when management judges it more advantageous than issuing class A common stock or other capital markets transactions. The company also raised the STRC dividend rate to 12.00% for semi-monthly periods with record dates on or after July 1, 2026, and declared semi-monthly STRC dividends of $0.50 per share payable July 31 and August 15, 2026, contingent on the STRC amended certificate of designations becoming effective by 12:01 a.m. on June 30, 2026. Management stated it will evaluate the STRC rate monthly and will not necessarily raise it solely because STRC trades below its stated amount. The filing states that as of June 28, 2026 the company held 847,363 bitcoin with an aggregate purchase price of $64.10 billion and an average purchase price of $75,651. No bitcoin was bought during the week of June 22 to June 28, 2026, and no preferred stock was sold under the ATM that week, while 12,669,017 MSTR shares were sold with $1,152.4 million in net proceeds. All repurchase and monetization authorizations have no fixed expiration, carry no obligation to act, and may be modified or terminated at any time. Management said STRC is the expected initial priority for Digital Credit Securities repurchases if they are accretive and strengthen the capital structure. Repurchases will not be funded from the USD Reserve directly, and any funding through BTC sales would fall under the BTC monetization program.

Jun 29, 2026 8-K

Regulation FDOther Events

Strategy 8-K Report, Regulation FD Disclosure (Jun 22, 2026)

Strategy Inc (MSTR) reported in a Form 8-K dated June 22, 2026 an update on its at-the-market (ATM) offering program, bitcoin holdings, and U.S. dollar reserve for the week of June 15 to June 21, 2026. During that week, the company sold 2,714,839 shares of Class A Common Stock under the ATM, generating net proceeds of $335.5 million, and no shares of its preferred stock (STRF, STRC, STRK, STRD) were sold. As of June 21, 2026, the filing shows remaining capacity available for issuance of $25,411.0 million for MSTR common stock, $17,510.8 million for STRC, $4,014.8 million for STRD, $2,100.0 million for STRK, and $1,619.3 million for STRF. The filing notes that the MSTR amount includes remaining capacity under both the current offering and the $21.0 billion MSTR Increase announced March 23, 2026, and that sales under the MSTR Increase may begin once capacity under the existing offering is substantially depleted. On the bitcoin side, the company reported purchases during the week with an aggregate purchase price of $34.9 million, funded from ATM sale proceeds, at an average purchase price of $67,068 per bitcoin (inclusive of fees and expenses). As of June 21, 2026, aggregate holdings stood at 847,363 bitcoin, with an aggregate purchase price of $64.10 billion and an average purchase price of $75,651 per bitcoin. The company also reported that its USD Reserve, established December 1, 2025 to support preferred stock dividends and interest on its indebtedness, had a balance of $1.4 billion as of June 21, 2026, including expected cash proceeds from ATM shares not yet settled, and that it plans to keep replenishing the reserve over time based on market conditions. Under Item 7.01, the company points investors to its website dashboard (www.strategy.com) as a Regulation FD disclosure channel for market prices, bitcoin purchases and holdings, key performance indicators, and other supplemental information. The Item 7.01 information is furnished rather than filed for purposes of Section 18 of the Exchange Act.

Jun 22, 2026 8-K

Regulation FDOther Events

Strategy 8-K Report, Regulation FD Disclosure (Jun 15, 2026)

Strategy Inc (MSTR) filed a Form 8-K on June 15, 2026 with weekly updates on its at-the-market (ATM) program, bitcoin holdings, and its US dollar reserve, covering the period June 8 to June 14, 2026. During that week the company sold 1,732,553 shares of MSTR Class A Common Stock under the ATM for net proceeds of $209.0 million. No preferred stock (STRF, STRC, STRK or STRD) was sold. Remaining ATM capacity was $25,746.8 million for MSTR stock, $17,510.8 million for STRC, $4,014.8 million for STRD, $2,100.0 million for STRK and $1,619.3 million for STRF. The filing notes that sales under a separate $21.0 billion MSTR Increase, announced March 23, 2026, may begin once capacity under the existing offering is substantially depleted. Strategy used the $100.0 million of ATM proceeds to acquire 1,587 bitcoin during the week, at an average purchase price of $63,024 including fees and expenses. As of June 14, 2026, aggregate holdings were 846,842 bitcoin, with an aggregate purchase price of $64.07 billion and an average purchase price of $75,656. The filing also reports that the USD Reserve, a management-designated liquidity portion established December 1, 2025 to support preferred stock dividends and interest on indebtedness, stood at $1.1 billion as of June 14, 2026. That balance includes expected cash proceeds from ATM shares sold but not yet settled. Under Item 7.01, the company points investors to its strategy.com dashboard as a Regulation FD disclosure channel, and that information is furnished rather than filed.

Jun 15, 2026 8-K

Shareholder MattersCorporate ChangesRegulation FD+2

Strategy 8-K Report, Rights Modification (Jun 15, 2026)

Strategy Inc (MSTR) filed a Form 8-K on June 15, 2026 to report an amendment to the terms of its Variable Rate Series A Perpetual Stretch Preferred Stock (STRC). The Company filed an Amended and Restated Certificate of Designations with the Delaware Secretary of State, approved by common stockholders and STRC holders at the 2026 Annual Meeting held June 8, 2026. The amendment changes STRC dividend payments from one scheduled date per month to two, and it becomes effective at 12:01 a.m. New York City time on June 30, 2026. The filing states that the change does not alter STRC's dividend rate, does not increase the Company's overall dividend payment obligations, and does not otherwise change STRC's rights, preferences or privileges beyond dividend payment frequency and related conforming changes. The Company's board declared on June 14, 2026 a transitional semi-monthly cash dividend on STRC of $0.479166667 per share for the period ending July 15, 2026, payable July 15, 2026 to holders of record at 5:00 p.m. New York City time on June 30, 2026. The filing states this represents a per annum rate of 11.50% and reflects one-half of the regular monthly dividend amount. The declaration and payment obligation are contingent on the amended certificate becoming effective at or before 12:01 a.m. New York City time on that date. The filing also states that, as of June 15, 2026, the Company expects the July 15, 2026 dividend to be characterized as a non-taxable return of capital to the extent of a shareholder's tax basis for U.S. federal income tax purposes, while noting that special tax considerations may apply and that shareholders should consult their own tax advisors. The 8-K also includes a Regulation FD disclosure referencing the Company's strategy.com dashboard as a disclosure channel, furnished rather than filed.

Jun 15, 2026 8-K

Shareholder Matters

Strategy 8-K Report, Shareholder Vote Results (Jun 10, 2026)

At its 2026 Annual Meeting of Stockholders, held June 8, 2026, Strategy Inc (the "Company") shareholders elected all eight director nominees: Michael J. Saylor, Phong Q. Le, Brian P. Brooks, Jane A. Dietze, Stephen X. Graham, Jarrod M. Patten, Carl J. Rickertsen and Gregg J. Winiarski. Each nominee received more For votes than Withheld votes, with Saylor receiving 321,909,589 For and 16,834,278 Withheld, and Rickertsen receiving the lowest For count at 306,098,976 and the highest Withheld count at 32,644,891. Shareholders also ratified KPMG LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2026, with 409,630,016 votes For, 1,314,739 Against and 894,115 Abstaining. On an advisory basis, shareholders approved the compensation of the named executive officers, with 327,711,367 For, 10,458,238 Against and 574,262 Abstaining. Shareholders additionally voted on two preferred stock matters. They ratified, under Section 204 of the Delaware General Corporation Law, the filing and effectiveness of a Certificate of Amendment to the Certificate of Designations of the 8.00% Series A Perpetual Strike Preferred Stock filed July 7, 2025, along with the resulting amendment to that stock's liquidation preference, with 302,968,907 For, 35,304,265 Against and 470,695 Abstaining. They also voted on an amendment and restatement of the Certificate of Designations of the Variable Rate Series A Perpetual Stretch Preferred Stock (STRC) to provide for two scheduled dividend payment dates per month instead of one; the filing reports 338,212,040 For, 44,969,003 Against and 373,535 Abstaining for the STRC-related votes, with 158,292 and 466,700 abstentions reported in the same row and 73,095,003 broker non-votes.

Jun 10, 2026 8-K

Regulation FDOther Events

Strategy 8-K Report, Regulation FD Disclosure (Jun 8, 2026)

Strategy Inc reported in an 8-K filed June 8, 2026, that during June 1 to June 7, 2026, it sold 1,409,600 shares of MSTR Class A Common Stock under its at-the-market (ATM) program, for net proceeds of $181.0 million. No preferred stock (STRF, STRC, STRK, STRD) was sold in the period. As of June 7, 2026, the filing shows $25,956.1 million of MSTR stock still available for issuance, which includes the remaining capacity of the current offering and the $21.0 billion MSTR Increase announced March 23, 2026. Available capacity for the preferred securities was $1,619.3 million for STRF, $17,510.8 million for STRC, $2,100.0 million for STRK and $4,014.8 million for STRD. Using the proceeds, Strategy acquired 1,550 bitcoin during the period for an aggregate purchase price of $101.3 million, at an average price of $65,332 including fees and expenses. As of June 7, 2026, its aggregate holdings were 845,256 bitcoin, with an aggregate purchase price of $63.97 billion and an average purchase price of $75,680. The filing also states that the USD Reserve, which management designates to support preferred stock dividends and interest on indebtedness, had a balance of $1.0 billion as of June 7, 2026. That balance includes expected cash proceeds from ATM share sales that had not yet settled. Under Item 7.01, the company notes that its website dashboard (www.strategy.com) is a channel for Regulation FD disclosures, and that the Item 7.01 information is furnished rather than filed.

Jun 8, 2026 8-K

Other Events

Strategy 8-K Report, Corporate Update (Jun 8, 2026)

Strategy Inc (Nasdaq: MSTR) filed a Form 8-K dated June 8, 2026, reporting an event from its 2026 Annual Meeting of Stockholders held that day. Based on preliminary voting results, the requisite vote was obtained from holders of the company's common stock and Variable Rate Series A Perpetual Stretch Preferred Stock (STRC), as of the April 17, 2026 record date, to approve an amendment to the terms of STRC. The amendment changes the dividend record dates and dividend payment dates for STRC from monthly to semi-monthly. The filing is reported under Item 8.01 (Other Events) and does not disclose financial results, dividend rates, or other economic terms beyond the change in payment frequency. For investors, the key point is that STRC holders will move from monthly to semi-monthly dividend record and payment dates if the amendment takes effect as described. The filing states the vote results are preliminary, so final certified results may differ.

Jun 8, 2026 8-K

Regulation FDOther Events

Strategy 8-K Report, Regulation FD Disclosure (Jun 1, 2026)

On June 1, 2026, Strategy Inc disclosed updates across several programs for the period May 26 to May 31, 2026. Under its at-the-market offering program, the company sold 801,994 shares of MSTR Class A Common Stock for net proceeds of $128.3 million, with no sales of STRF, STRC, STRK or STRD preferred stock. As of May 31, 2026, the filing lists $26,137.2 million available for issuance under MSTR stock, which reflects both the current offering and the separately announced $21.0 billion MSTR Increase announced March 23, 2026. Remaining capacity for the preferred stock was $1,619.3 million for STRF, $17,510.8 million for STRC, $2,100.0 million for STRK and $4,014.8 million for STRD. On the bitcoin side, the company sold 32 BTC for an aggregate sale price of $2.5 million, at an average of $77,135 net of fees, with proceeds expected to fund preferred stock distributions. As of May 31, 2026, aggregate holdings were 843,706 BTC, with an aggregate purchase price of $63.87 billion and an average purchase price of $75,699. The USD Reserve, a management-designated liquidity portion intended to support preferred dividends and interest, stood at $900 million as of May 31, 2026. The company also set the STRC regular dividend rate at 11.50% per annum for monthly periods beginning on or after June 1, 2026, and declared quarterly and monthly cash dividends payable June 30, 2026 to holders of record on June 15, 2026 across its preferred series. The filing states that dividends payable June 30, 2026 are expected to be a non-taxable return of capital to the extent of a holder's tax basis.

Jun 1, 2026 8-K

Regulation FDOther EventsExhibits & Filings

Strategy 8-K Report, Regulation FD Disclosure (May 26, 2026)

On May 26, 2026, Strategy Inc (Nasdaq: MSTR) reported that between May 18 and May 25, 2026 it sold no shares under its at-the-market offering program and bought no bitcoin. As of May 25, 2026, Strategy held approximately 843,738 bitcoin, acquired at an aggregate purchase price of $63.87 billion and an average of approximately $75,700 per bitcoin, inclusive of fees and expenses. It also reported a USD Reserve balance of $871 million, a reserve intended to support preferred stock dividends and interest on indebtedness. The filing's main disclosure, furnished as Exhibit 99.1, covers a series of capital-markets and bitcoin transactions executed May 11-25, 2026. These included the repurchase of $1.5 billion aggregate principal of its 0% Convertible Senior Notes due 2029 for approximately $1.38 billion in cash, an approximate 8% discount to par. Convertible notes outstanding fell from $8.2 billion to $6.7 billion. Strategy also issued an additional $2.0 billion notional of Variable Rate Series A Perpetual Stretch Preferred Stock (STRC) and $84 million of Class A common stock (MSTR), and used the proceeds to buy 24,869 bitcoin. As of May 25, 2026, aggregate notional preferred stock outstanding was $15.5 billion. Management stated that the transactions reflect optionality in its capital structure and that it plans to replenish its cash reserve over time through a mix of Digital Capital, Digital Credit, and Digital Equity sales, depending on market conditions. The company also stated that it expects distributions on its preferred equity to continue to be treated as non-taxable return of capital for the foreseeable future, based on its belief that it will not have accumulated earnings and profits.

May 26, 2026 8-K

Regulation FDOther Events

Strategy 8-K Report, Regulation FD Disclosure (May 18, 2026)

On May 18, 2026, Strategy Inc (MSTR) filed a Current Report on Form 8-K disclosing weekly updates on its at-the-market (ATM) offering program and its bitcoin holdings for the period May 11, 2026 to May 17, 2026. During that week, the company sold 19,519,801 shares of its STRC preferred stock for net proceeds of $1,949.0 million, and 430,344 shares of MSTR Class A common stock for net proceeds of $83.7 million, for total notional value of $2,032.7 million across the ATM securities. No STRF, STRK or STRD shares were sold during the period. The company used ATM proceeds to purchase 24,869 bitcoin during the week at an aggregate purchase price of $2.01 billion, with an average purchase price of $80,985 per bitcoin, inclusive of fees and expenses. As of May 17, 2026, Strategy's aggregate bitcoin holdings were 843,738 BTC, acquired at an aggregate purchase price of $63.87 billion and an average purchase price of $75,700 per bitcoin. The filing also notes remaining ATM capacity as of May 17, 2026, including $17,510.8 million for STRC, $26,265.7 million for MSTR common stock (which reflects both the current offering and a separately announced $21.0 billion MSTR Increase, with sales under the increase beginning once existing capacity is substantially depleted), $4,014.8 million for STRD, $2,100.0 million for STRK, and $1,619.3 million for STRF. Under Item 7.01, the company also references its website dashboard (www.strategy.com) as a Regulation FD disclosure channel.

May 18, 2026 8-K

Other Events

Strategy 8-K Report, Corporate Update (May 15, 2026)

On May 14, 2026, Strategy Inc entered into privately negotiated transactions with certain holders of its outstanding 0% Convertible Senior Notes due 2029 (the "2029 Notes"), agreeing to repurchase approximately $1.50 billion aggregate principal amount of these notes for an estimated aggregate cash repurchase price of approximately $1.38 billion. The final cash price is subject to adjustment based in part on the daily volume-weighted average price of its Class A Common Stock during an agreed measurement period, so the amount actually paid could differ from the estimate depending on movements in the stock price over that period. Strategy expects to fund the repurchases with available cash reserves, proceeds from sales of securities under its at-the-market offering program, and/or proceeds from the sale of bitcoin. The repurchases are expected to settle on or about May 19, 2026, subject to customary closing conditions. Following closing, Strategy intends to cancel the repurchased notes, after which approximately $1.50 billion aggregate principal amount of 2029 Notes will remain outstanding. The filing is disclosed under Item 8.01 (Other Events) and includes forward-looking statements, with risk factors referenced to the company's Quarterly Report on Form 10-Q filed May 6, 2026.

May 15, 2026 8-K

Regulation FDOther Events

Strategy 8-K Report, Regulation FD Disclosure (May 11, 2026)

Strategy Inc (MSTR) filed an 8-K on May 11, 2026 disclosing two sets of updates covering the period May 4 to May 10, 2026. Under Item 8.01, the company reported at-the-market (ATM) offering activity: STRC preferred stock sold 1,412 shares for net proceeds of $0.1 million, MSTR Class A common stock sold 231,324 shares for net proceeds of $42.9 million, and total net proceeds across securities were $43.0 million. As of May 10, 2026, remaining capacity available for issuance was $19,462.8 million for STRC, $26,349.4 million for MSTR common stock, $4,014.8 million for STRD, $2,100.0 million for STRK, and $1,619.3 million for STRF. No STRF, STRK, or STRD shares were sold in the period. On the bitcoin side, the company acquired 535 BTC during the period using ATM proceeds, at an aggregate purchase price of $43.0 million and an average purchase price of $80,340 per bitcoin, inclusive of fees and expenses. Aggregate holdings as of May 10, 2026 were 818,869 BTC, with an aggregate purchase price of $61.86 billion and an average purchase price of $75,540 per bitcoin. The filing also notes a previously disclosed March 23, 2026 announcement of a new $21.0 billion MSTR Stock offering (the "MSTR Increase"), with sales under it permitted once capacity under the existing offering is substantially depleted. Under Item 7.01, the company references its website dashboard (www.strategy.com) as a Regulation FD disclosure channel, and the Item 7.01 information is furnished rather than filed.

May 11, 2026 8-K

Earnings & ResultsRegulation FDExhibits & Filings

Strategy 8-K Report, Financial Results (May 5, 2026)

Strategy Inc (Nasdaq: MSTR) reported its financial results for the first quarter of 2026, ended March 31, 2026, in a press release furnished as Exhibit 99.1 under Item 2.02. The company posted a net loss of $12.54 billion, or $38.25 per diluted common share, driven primarily by an unrealized loss on digital assets of $14.46 billion. Total revenues were $124.3 million, up from $111.1 million a year earlier, and gross profit was $83.4 million. Cash and cash equivalents stood at $2.21 billion at March 31, 2026, compared with $2.30 billion at December 31, 2025. The company's bitcoin holdings were approximately 818,334 bitcoins as of May 3, 2026, with an original cost basis of $61.81 billion and a market value of $64.14 billion, based on a market price of approximately $78,374 per bitcoin as of May 1, 2026. Management highlighted the growth of its STRC Digital Credit instrument, which raised $5.58 billion year to date through May 3, 2026, and reported a year-to-date BTC Yield of 9.4%. The company also disclosed that it has proposed a shareholder vote to move STRC dividends to a semi-monthly schedule, and that it expects distributions on its preferred equity to be treated as non-taxable return of capital for the foreseeable future. Investors should note that the company's results are heavily influenced by fair value accounting for bitcoin under ASU 2023-08, so reported net income and loss move with bitcoin prices rather than operating performance. The filing also states that the company's KPIs, including BTC Yield, are supplemental measures and not substitutes for financial statements, and that the company changed its method for calculating interim-period BTC Yield, BTC Gain and BTC $ Gain effective January 1, 2026.

May 5, 2026 8-K

Regulation FDOther Events

Strategy 8-K Report, Regulation FD Disclosure (May 4, 2026)

Strategy Inc reported in this Form 8-K, dated May 4, 2026, that for the period April 27, 2026 to May 3, 2026 it sold 492,210 shares of Class A Common Stock (MSTR) under its at-the-market offering program, generating net proceeds of $82.0 million after sales commissions. It sold no shares of its preferred stock (STRF, STRC, STRK or STRD) during the period. The filing states remaining capacity for issuance as of May 3, 2026 of $26,392.4 million for MSTR, $19,463.0 million for STRC, $4,014.8 million for STRD, $2,100.0 million for STRK and $1,619.3 million for STRF. On the bitcoin side, the filing states that no bitcoin purchases were made during the week. As of May 3, 2026, aggregate bitcoin holdings were 818,334 BTC, with aggregate and average purchase prices stated inclusive of fees and expenses. The filing also states that, as previously disclosed on March 23, 2026, the company announced a new $21.0 billion offering of MSTR Stock (the "MSTR Increase"). Sales under that offering may begin once capacity under the existing MSTR offering is substantially depleted. The 8-K also furnishes information under Regulation FD and points investors to the company's website dashboard (www.strategy.com) for market prices, bitcoin holdings and key performance metrics.

May 4, 2026 8-K

Regulation FDOther Events

Strategy 8-K Report, Regulation FD Disclosure (May 1, 2026)

Strategy Inc (MSTR) filed this Form 8-K on May 1, 2026 to report two items. Under Item 8.01, the company stated that it will maintain the regular dividend rate on its Variable Rate Series A Perpetual Stretch Preferred Stock (STRC) at 11.50% per annum for monthly periods commencing on or after May 1, 2026, announced via its website, www.strategy.com/strc. On April 30, 2026, the board declared a cash dividend of $0.958333333 per share on STRC for the month ending May 31, 2026, payable May 31, 2026 to holders of record as of 5:00 p.m. New York City time on May 15, 2026. The filing notes that this dividend represents the 11.50% per annum rate. The filing also states the company expects the May 31, 2026 dividend to be characterized as a non-taxable return of capital for U.S. federal income tax purposes, to the extent of a shareholder's tax basis in the STRC shares. The filing advises shareholders to consult their own tax advisors, noting special considerations may apply to certain taxpayers. Under Item 7.01 (Regulation FD), the company references its website, www.strategy.com, as a disclosure channel for market prices of its securities, bitcoin purchases and holdings, KPI metrics, and other supplemental information. The Item 7.01 information is furnished rather than filed for purposes of Section 18 of the Exchange Act.

May 1, 2026 8-K

Regulation FDOther Events

Strategy 8-K Report, Regulation FD Disclosure (Apr 27, 2026)

Strategy Inc (MSTR) reported in an 8-K filed April 27, 2026 that, during the period April 20 to April 26, 2026, it sold 1,451,601 shares of its Class A Common Stock (MSTR) under its at-the-market (ATM) offering program, for net proceeds of $255.0 million after sales commissions. No shares of its preferred stock (STRF, STRC, STRK, or STRD) were sold in the period. Using the proceeds, Strategy acquired 3,273 bitcoin during the same period at an aggregate purchase price of $255.0 million, or an average of $77,906 per bitcoin, inclusive of fees and expenses. As of April 26, 2026, its aggregate bitcoin holdings were 818,334 BTC, with an aggregate purchase price of $61.81 billion and an average purchase price of $75,537 per bitcoin. As of April 26, 2026, the filing lists remaining capacity available for issuance under the ATM of $26,474.5 million for MSTR Stock, which reflects both the current offering and a new $21.0 billion MSTR Increase announced March 23, 2026. Remaining capacity for the preferred stock programs was $19,463.0 million for STRC, $4,014.8 million for STRD, $2,100.0 million for STRK, and $1,619.3 million for STRF. The filing also furnishes under Item 7.01 a reference to Strategy's website dashboard (www.strategy.com) as a Regulation FD disclosure channel.

Apr 27, 2026 8-K

Regulation FDOther Events

Strategy 8-K Report, Regulation FD Disclosure (Apr 20, 2026)

Strategy Inc (MSTR) filed this Form 8-K on April 20, 2026 with two disclosures: an update on at-the-market (ATM) offering sales for the April 13 to April 19, 2026 period, and an update on its bitcoin holdings. Under the ATM program, the company sold 21,795,389 shares of its 10.00% Series A Perpetual Stretch Preferred Stock (STRC) for a notional value of $2,179.5 million and net proceeds of $2,176.3 million, and sold 2,165,000 shares of Class A Common Stock (MSTR) for net proceeds of $366.0 million. Total net proceeds across the reported securities were $2,542.3 million. The STRF, STRK and STRD preferred stock series had no sales in the period. As of April 19, 2026, the remaining capacity available for issuance was $19,463.0 million for STRC, $26,729.7 million for MSTR, $2,100.0 million for STRK, $4,014.8 million for STRD and $1,619.3 million for STRF. On the bitcoin side, Strategy acquired 34,164 bitcoin during the period for an aggregate purchase price of $2.54 billion, at an average purchase price of $74,395 per bitcoin, with fees and expenses included. These purchases were funded by proceeds from ATM sales. As of April 19, 2026, aggregate holdings were 815,061 bitcoin, with an aggregate purchase price of $61.56 billion and an average purchase price of $75,527 per bitcoin. The filing also notes that on March 23, 2026, Strategy announced a new $21.0 billion offering of MSTR stock (the "MSTR Increase"). Its remaining MSTR capacity reflects both the current offering and the MSTR Increase, and sales under the MSTR Increase may begin once capacity under the existing offering is substantially depleted. Separately, under Item 7.01, the company states that it uses its website dashboard (www.strategy.com) as a Regulation FD disclosure channel, and that the furnished information is not deemed filed under Section 18 of the Exchange Act.

Apr 20, 2026 8-K

Regulation FDOther Events

Strategy 8-K Report, Regulation FD Disclosure (Apr 13, 2026)

Strategy Inc (MSTR) filed an 8-K on April 13, 2026 under Item 8.01 (Other Events) and Item 7.01 (Regulation FD Disclosure) updating its at-the-market (ATM) offering program and bitcoin holdings for the period April 6, 2026 to April 12, 2026. During that week, the company sold 10,028,363 shares of its STRC Stock, with a notional value of $1,002.8 million and net proceeds of $1,001.3 million. No shares were sold under the STRF, STRK, STRD, or MSTR Class A Common Stock programs during the period. As of April 12, 2026, the remaining capacity available for issuance and sale was $21,642.6 million for STRC Stock, $1,619.3 million for STRF, $2,100.0 million for STRK, $4,014.8 million for STRD, and $27,096.1 million for MSTR Class A Common Stock. The filing also reports bitcoin activity. During the same week, Strategy acquired 13,927 bitcoin for an aggregate purchase price of $1.00 billion, with an average purchase price of $71,902, with the bitcoin purchases funded by ATM proceeds. As of April 12, 2026, aggregate bitcoin holdings were 780,897 BTC, with an aggregate purchase price of $59.02 billion and an average purchase price of $75,577, with fees and expenses included in these figures. The filing references a March 23, 2026 announcement of new $21.0 billion offerings of STRC Stock (the STRC Increase) and MSTR Stock (the MSTR Increase). Sales under those increases may begin once capacity under the existing offerings is substantially depleted. The filing also notes that Strategy maintains a website dashboard (www.strategy.com) as a channel for Regulation FD disclosure, and that information furnished under Item 7.01 is not deemed filed under Section 18 of the Exchange Act.

Apr 13, 2026 8-K

Regulation FDOther Events

Strategy 8-K Report, Regulation FD Disclosure (Apr 6, 2026)

Strategy Inc (MSTR) reported in this Form 8-K, filed April 6, 2026, that it sold $299.3 million of securities under its at-the-market (ATM) program between March 30 and March 31, 2026, and a further $174.6 million between April 1 and April 5, 2026. Nearly all of the issuance was STRC preferred stock, with smaller amounts of MSTR Class A common stock. Net proceeds were $227.3 million from STRC in the first period and $102.6 million in the second, plus $72.0 million from MSTR common stock in each period. The company said it used the ATM proceeds to buy bitcoin. Between April 1 and April 5 it acquired 4,871 BTC for an aggregate purchase price of $329.9 million, raising aggregate holdings to 766,970 BTC from 762,099 BTC at March 31, 2026. No bitcoin was acquired in the March 30–31 period. The filing also gave first-quarter 2026 accounting figures. Strategy recorded a $14.46 billion unrealized loss on digital assets and a $2.42 billion associated deferred tax benefit for the quarter. Its digital asset carrying value was $51.65 billion at March 31, 2026. Because the cost basis of its bitcoin exceeded fair value at that date, it recorded a $1.73 billion deferred tax asset on the bitcoin loss and an offsetting $1.73 billion valuation allowance. It also holds about $0.5 billion of deferred tax assets from its software operations and expects to establish an additional $0.5 billion valuation allowance against them. These figures have not been audited or reviewed by KPMG LLP. On March 23, 2026, Strategy had announced a new $21.0 billion STRC offering, a new $21.0 billion MSTR offering, the termination of its prior STRK offering, and a new $2.1 billion STRK offering. As of April 5, 2026, remaining ATM capacity was $22,645.5 million for STRC and $27,096.1 million for MSTR, with the increases to be used once existing capacity is substantially depleted. Investors should note that the quarterly results depend heavily on bitcoin prices and that the filing contains forward-looking statements about deferred tax assets and valuation allowances.

Apr 6, 2026 8-K

Regulation FDOther Events

Strategy 8-K Report, Regulation FD Disclosure (Apr 1, 2026)

On March 31, 2026, Strategy Inc announced that it will maintain the regular dividend rate on its Variable Rate Series A Perpetual Stretch Preferred Stock (STRC) at 11.50% per annum for monthly periods commencing on or after April 1, 2026. The rate was announced via the company's website, www.strategy.com/strc. The board of directors also declared a cash dividend of $0.958333333 per share on STRC for the month ending April 30, 2026, which reflects the 11.50% per annum rate. The dividend is payable on April 30, 2026 (or the next business day if that is not a business day) to holders of record as of 5:00 p.m. New York City time on April 15, 2026. The company expects the April 30, 2026 dividend to be characterized as a non-taxable return of capital to the extent of a shareholder's tax basis in the STRC shares for U.S. federal income tax purposes, as of April 1, 2026. The filing notes that special tax considerations may apply and that shareholders should consult their own tax advisors. Under Item 7.01, the company also points investors to its website dashboard (www.strategy.com) as a Regulation FD disclosure channel for market prices, bitcoin purchases and holdings, KPI metrics and other supplemental information. The Item 7.01 information is furnished rather than filed.

Apr 1, 2026 8-K

Regulation FDOther Events

Strategy 8-K Report, Regulation FD Disclosure (Mar 30, 2026)

Strategy Inc (MSTR) reported in this 8-K, filed March 30, 2026, that during the period from March 23, 2026 to March 29, 2026 it did not sell any shares under its at-the-market offering program and did not purchase any bitcoin. As of March 29, 2026, Strategy held approximately 762,099 bitcoin, acquired at an aggregate purchase price of $57.69 billion and an average purchase price of approximately $75,694 per bitcoin, inclusive of fees and expenses. The filing also updates a shareholder lawsuit. David Dodge filed a purported class action on July 21, 2025 in the Delaware Court of Chancery against Strategy and its board, alleging that holders of common stock were entitled to vote under Section 242 of the DGCL on an amendment to the certificate of designations for the 8.00% Series A Perpetual Strike Preferred Stock (the STRK Amendment), and asserting a breach of fiduciary duty claim. Strategy and the board denied all wrongdoing in a September 29, 2025 answer. On March 12, 2026, the parties entered a Stipulation to dismiss the action as moot with prejudice as to the plaintiff and without prejudice as to other putative class members. Under the stipulation, Strategy agreed to seek stockholder ratification of the STRK Amendment under Section 204 of the DGCL at its next regularly scheduled annual meeting, and to pay the plaintiff's attorneys' fees and expenses of $550,000. The filing also notes that Strategy uses its website dashboard (www.strategy.com) as a Regulation FD disclosure channel, and that Item 7.01 information is furnished rather than filed.

Mar 30, 2026 8-K

Material AgreementsCorporate ChangesOther Events+1

Strategy 8-K Report, Material Agreement (Mar 23, 2026)

On March 23, 2026, Strategy Inc (MSTR) added Moelis & Company LLC, A.G.P./Alliance Global Partners and StoneX Financial Inc. as sales agents under its Omnibus Sales Agreement dated November 4, 2025, bringing the total set of agents to the group named in that agreement plus these three firms. The company also entered into three Additional Program Addenda with the agents, covering new at-the-market offerings of its class A common stock, its Variable Rate Series A Perpetual Stretch Preferred Stock (STRC), and its 8.00% Series A Perpetual Strike Preferred Stock (STRK). The offerings are registered under an automatic shelf registration statement effective January 27, 2025, with supplemental annexes authorizing up to $21.0 billion of common stock, up to $21.0 billion of STRC Preferred Stock, and up to $2.1 billion of STRK Preferred Stock. The filing also states that the company previously registered up to $15,854,365,265.54 of common stock, $4.2 billion of STRC Preferred Stock, and $20,340,632,356.64 of STRK Preferred Stock under prior prospectus annexes. The company intends to continue using the prior common stock and STRC prospectuses until those shares are sold, while the prior STRK offering was terminated effective March 22, 2026. In a related corporate action, the company filed certificates to increase authorized STRC Preferred Stock from 70,435,353 to 282,556,565 shares and to decrease authorized STRK Preferred Stock from 269,800,000 to 40,270,744 shares. For investors, the filing primarily expands the company's capacity to raise capital through equity and preferred stock sales under its existing shelf, with the new programs totaling up to $44.1 billion in aggregate offering price. The filing does not state the proceeds' intended use or the pace at which the shares will be sold, and the offerings are made only through the prospectus supplements and base prospectus.

Mar 23, 2026 8-K

Regulation FDOther Events

Strategy 8-K Report, Regulation FD Disclosure (Mar 23, 2026)

Strategy Inc (MSTR) filed this Form 8-K on March 23, 2026, to report weekly updates for the period March 16 through March 22, 2026, covering its at-the-market (ATM) equity program and its bitcoin holdings. During the period, the company sold 509,111 shares of MSTR Class A Common Stock under the ATM, generating net proceeds of $76.5 million after sales commissions. No shares of the STRF, STRC, STRK, or STRD preferred stock were sold during the period. Strategy states that the bitcoin purchases during the period were made using ATM proceeds. It acquired 1,031 bitcoin for an aggregate purchase price of $76.6 million, inclusive of fees and expenses, at an average purchase price of $74,326. As of March 22, 2026, its aggregate bitcoin holdings were 762,099, with an aggregate purchase price of $57.69 billion and an average purchase price of $75,694, both inclusive of fees and expenses. As of March 22, 2026, the filing shows remaining capacity available for issuance and sale under the ATM of $1,619.3 million for STRF, $1,975.8 million for STRC, $20,331.6 million for STRK, $4,014.8 million for STRD, and $6,240.2 million for MSTR common stock. The filing also furnishes information under Item 7.01 (Regulation FD), noting that Strategy publishes market price, bitcoin, and key performance indicator information on its website dashboard at www.strategy.com.

Mar 23, 2026

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