01—Abstract
Summary
Summary of the 8-K filed February 23, 2026. Cited figures are marked; the original filing is the authoritative source.
Strategy Inc (MSTR) filed a Form 8-K on February 23, 2026 under Item 8.01 (Other Events) to report activity for the period February 17 to February 22, 2026.
During that week, the company sold 297,940 shares of Class A Common Stock under its at-the-market (ATM) program, generating net proceeds of $39.7 milliona. No shares of its STRF, STRC, STRK, or STRD preferred stock were sold in the period. As of February 22, 2026, the filing shows remaining capacity for issuance and sale of $7,843.9 million under the MSTR common stock program, plus $1,619.3 million (STRF), $3,542.8 million (STRC), $20,331.6 million (STRK), and $4,014.8 million (STRD) under the preferred stock programs.
The company stated that it acquired 592 bitcoin during the period at an aggregate purchase price of $39.8 millionb, or an average of $67,286 per bitcoin, with purchases funded by ATM proceeds. Aggregate bitcoin holdings were 717,722 as of February 22, 2026, with an aggregate purchase price of $54.56 billion and an average purchase price of $76,020 per bitcoin. Aggregate and average purchase prices are stated to include fees and expenses.
Under Item 7.01 (Regulation FD Disclosure), the filing points investors to Strategy's website dashboard (www.strategy.com) for market prices of its securities, bitcoin purchases and holdings, key performance indicators, and other supplemental information. The company states that the Item 7.01 information is furnished and not deemed filed under Section 18 of the Exchange Act.
02—Key points
Key Highlights
- Acquired 592 bitcoin during February 17–22, 2026 for an aggregate purchase price of $39.8 million, funded by ATM sales proceeds.
- Aggregate bitcoin holdings reached 717,722 as of February 22, 2026, with an aggregate purchase price of $54.56 billion.
- Average purchase price was $67,286 per bitcoin for the period and $76,020 cumulatively, both inclusive of fees and expenses.
- Sold 297,940 shares of MSTR Class A Common Stock for $39.7 million in net proceeds (net of sales commission) during the period.
- No sales of STRF, STRC, STRK, or STRD preferred stock were reported for the period.
- Remaining ATM capacity as of February 22, 2026 was $7,843.9 million for MSTR common stock and $3,542.8 million for STRC, among other programs.
03—Questions
Frequently Asked Questions
How much bitcoin did Strategy buy in the most recent reporting week?
Strategy acquired 592 bitcoin during February 17–22, 2026, at an aggregate purchase price of $39.8 million and an average price of $67,286 per bitcoin, inclusive of fees and expenses.
What is Strategy's total bitcoin holding as of February 22, 2026?
Aggregate bitcoin holdings were 717,722 as of February 22, 2026, with an aggregate purchase price of $54.56 billion and an average purchase price of $76,020 per bitcoin.
How were the bitcoin purchases funded?
The filing states that the bitcoin purchases were made using proceeds from the sale of shares under the at-the-market offering program.
Did Strategy sell any preferred stock during the period?
The filing reports no shares sold for STRF, STRC, STRK, or STRD preferred stock during February 17–22, 2026. Only MSTR Class A Common Stock was sold, with 297,940 shares generating $39.7 million in net proceeds.
How much capacity remains under the ATM program?
As of February 22, 2026, the filing shows $7,843.9 million available for MSTR common stock, $1,619.3 million for STRF, $3,542.8 million for STRC, $20,331.6 million for STRK, and $4,014.8 million for STRD.
04—Continue