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

Reports
Regulation FD·Other Events
Filing Date
Filed March 2, 2026
Period End
February 28, 2026
In the record · 2016–202610-K1110-Q338-K265

MSTR filed 11 annual reports (10-K), 33 quarterly reports (10-Q) and 265 current reports (8-K) between 2016 and 2026.

  1. Leadership change8-K · Mar ’17Mar ’17
  2. Leadership change8-K · Jul ’19Jul ’19
  3. Material agreement8-K · Jun ’21Jun ’21
  4. Material agreement8-K · May ’25May ’25

01—Abstract

Summary

Summary of the 8-K filed March 2, 2026. Cited figures are marked; the original filing is the authoritative source.

On March 2, 2026, Strategy Inc (MSTR) filed an 8-K reporting an update on its at-the-market (ATM) offering and bitcoin holdings for the period February 23, 2026 to March 1, 2026.

During that period the company sold 1,730,563 shares of its Class A Common Stock (MSTR) and 71,590 shares of STRC preferred stock, with net proceeds of $229.9 milliona from MSTR and $7.1 million from STRC, for total net proceeds of $237.1 million. As of March 1, 2026, $7,613.7 million of MSTR common stock and $3,535.7 million of STRC preferred stock remained available for issuance and sale under the ATM, with no sales of STRF, STRK or STRD. The company used ATM proceeds to acquire 3,015 bitcoin during the period, at an aggregate purchase price of $204.1 million and an average purchase price of $67,700 per bitcoin, inclusive of fees and expenses.

As of March 1, 2026, aggregate bitcoin holdings were 720,737 BTC, with an aggregate purchase price of $54.77 billionb and an average purchase price of $75,985 per bitcoin. The filing also discloses a increase in the regular dividend rate on the Variable Rate Series A Perpetual Stretch Preferred Stock (STRC) from 11.25% to 11.50% per annum, effective for monthly periods commencing on or after March 1, 2026. The board declared quarterly and monthly cash dividends payable March 31, 2026, and the company expects those dividends to be characterized as a non-taxable return of capital to the extent of a holder's tax basis.

02—Key points

Key Highlights

  1. ATM activity: 1,730,563 MSTR shares sold for $229.9 million in net proceeds, and 71,590 STRC shares sold for $7.1 million in net proceeds, from February 23 to March 1, 2026.
  2. Remaining ATM capacity as of March 1, 2026: $7,613.7 million for MSTR common, $3,535.7 million for STRC, and $20,331.6 million for STRK, among others.
  3. Bitcoin acquisitions: 3,015 BTC bought for an aggregate purchase price of $204.1 million (average $67,700 per BTC), funded by ATM proceeds.
  4. Aggregate bitcoin holdings reached 720,737 BTC as of March 1, 2026, with an aggregate purchase price of $54.77 billion and an average purchase price of $75,985 per BTC.
  5. STRC dividend rate increased from 11.25% to 11.50% per annum, effective for monthly periods commencing on or after March 1, 2026.
  6. Cash dividends declared February 28, 2026 are payable March 31, 2026 on STRF ($2.50), STRC ($0.958333333 monthly), STRE (€2.50), STRK ($2.00) and STRD ($2.50) per share.
  7. Expected tax treatment: dividends payable March 31, 2026 are expected to be non-taxable return of capital to the extent of a holder's tax basis.

03—Questions

Frequently Asked Questions

  1. How much capital did Strategy raise through its ATM program in this period?

    During February 23 to March 1, 2026, the company's ATM sales produced net proceeds of $237.1 million in total, comprising $229.9 million from MSTR common stock and $7.1 million from STRC preferred stock. No STRF, STRK or STRD shares were sold in the period.

  2. How much bitcoin did Strategy buy and at what price?

    Strategy acquired 3,015 bitcoin during the period for an aggregate purchase price of $204.1 million, or an average of $67,700 per bitcoin, inclusive of fees and expenses. The purchases were funded with ATM sale proceeds.

  3. What is Strategy's total bitcoin holdings position as of March 1, 2026?

    As of March 1, 2026, the company held 720,737 bitcoin with an aggregate purchase price of $54.77 billion and an average purchase price of $75,985 per bitcoin.

  4. Did the STRC preferred stock dividend rate change?

    Yes. Effective for monthly periods commencing on or after March 1, 2026, the regular dividend rate on the Variable Rate Series A Perpetual Stretch Preferred Stock (STRC) increased from 11.25% to 11.50% per annum, and the company announced the change on its website.

  5. Are the dividends paid on Strategy's preferred stock taxable?

    As of February 28, 2026, Strategy expects the dividends payable March 31, 2026 on its preferred equity to be characterized as a non-taxable return of capital to the extent of a recipient's tax basis. The filing notes special tax considerations may apply and advises shareholders to consult their own tax advisors.

04—Continue

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