01—Abstract
Summary
Summary of the 8-K filed September 2, 2025. Cited figures are marked; the original filing is the authoritative source.
Strategy Inc (MSTR) filed this Form 8-K on September 2, 2025 to report two items.
Under Item 8.01, the company disclosed that on August 31, 2025 it increased the regular dividend rate on its Variable Rate Series A Perpetual Stretch Preferred Stock (STRC) from 9.00%a to 10.00%, effective for monthly periods commencing on or after September 1, 2025. The new rate was announced via the company's website, www.strategy.com/strc. Also on September 2, 2025, the board declared cash dividends on four preferred stock series, all payable September 30, 2025 to holders of record as of September 15, 2025.
The declared amounts were $2.50b per share for the 10.00% Series A Perpetual Strife Preferred Stock (STRF) for the quarter ending September 30, 2025; $0.833333333 per share for STRC for the month ending September 30, 2025, which the filing says represents a 10.00% per annum rate; $2.00 per share for the 8.00% Series A Perpetual Strike Preferred Stock (STRK) for the quarter; and $3.055555556 per share for the 10.00% Series A Perpetual Stride Preferred Stock (STRD) for the quarter, which accounts for dividends accrued from June 10, 2025, STRD's initial issuance date. Under Item 7.01, the company noted that it uses its website dashboard (www.strategy.com) as a Regulation FD disclosure channel for information including securities market prices, bitcoin purchases and holdings, and KPI metrics.
The company furnished this information rather than filing it under Section 18 of the Exchange Act. For investors, the key takeaways are the higher STRC dividend rate and the dividend schedule for the company's preferred securities.
02—Key points
Key Highlights
- STRC variable dividend rate increased from 9.00% to 10.00%, effective for monthly periods commencing on or after September 1, 2025.
- STRC declared a monthly dividend of $0.833333333 per share for the month ending September 30, 2025, which the filing states represents a 10.00% per annum rate.
- STRF (10.00% Series A Perpetual Strife Preferred) declared $2.50 per share for the quarter ending September 30, 2025.
- STRK (8.00% Series A Perpetual Strike Preferred) declared $2.00 per share for the quarter ending September 30, 2025.
- STRD (10.00% Series A Perpetual Stride Preferred) declared $3.055555556 per share for the quarter ending September 30, 2025, including dividends accrued from its June 10, 2025 initial issuance date.
- All declared dividends are payable September 30, 2025 to stockholders of record as of 5:00 p.m. New York City time on September 15, 2025.
- The company designated its website dashboard (www.strategy.com) as a Regulation FD disclosure channel for market prices, bitcoin purchases and holdings, and KPI metrics.
03—Questions
Frequently Asked Questions
What changed in the STRC dividend rate?
On August 31, 2025, the company increased the regular dividend rate on its Variable Rate Series A Perpetual Stretch Preferred Stock from 9.00% to 10.00% per annum, effective for monthly periods commencing on or after September 1, 2025. The company announced the change on its website, www.strategy.com/strc.
When and to whom are the declared preferred dividends payable?
All dividends declared on September 2, 2025 are payable on September 30, 2025, or the next business day if September 30 is not a business day. Holders of record as of 5:00 p.m. New York City time on September 15, 2025 are entitled to receive them.
How much dividend was declared on each preferred series?
The board declared $2.50 per share for STRF, $0.833333333 per share for STRC (monthly), $2.00 per share for STRK, and $3.055555556 per share for STRD. The STRD amount includes dividends accrued from June 10, 2025, its initial issuance date.
Why does the company use its website for disclosure?
The company states that its website dashboard at www.strategy.com is a disclosure channel for broad, non-exclusionary distribution of information to the public. It is also one means the company uses to disclose non-public information in compliance with Regulation FD. The company encourages investors to review the dashboard regularly.
04—Continue