01—Abstract
Summary
Summary of the 8-K filed June 22, 2026. Cited figures are marked; the original filing is the authoritative source.
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 milliona, 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 millionb, 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.
02—Key points
Key Highlights
- ATM common stock sales: 2,714,839 shares of MSTR Class A Common Stock sold June 15 to June 21, 2026, with net proceeds of $335.5 million.
- No preferred stock sold under the ATM during the reporting week; remaining capacity as of June 21, 2026 was $17,510.8 million (STRC), $4,014.8 million (STRD), $2,100.0 million (STRK), $1,619.3 million (STRF).
- Remaining MSTR common stock capacity of $25,411.0 million, which includes both the current offering and the $21.0 billion MSTR Increase announced March 23, 2026.
- Bitcoin purchases of $34.9 million during the week at an average purchase price of $67,068, funded by ATM proceeds.
- Aggregate bitcoin holdings of 847,363 as of June 21, 2026, with an aggregate purchase price of $64.10 billion and an average purchase price of $75,651.
- USD Reserve balance of $1.4 billion as of June 21, 2026, including expected cash from unsettled ATM shares; the company plans to continue replenishing it over time.
- Strategy's website dashboard (www.strategy.com) is designated as a Regulation FD disclosure channel, and the Item 7.01 information is furnished, not filed.
03—Questions
Frequently Asked Questions
How much capital did Strategy raise through its ATM program in the week of June 15 to June 21, 2026?
Strategy sold 2,714,839 shares of MSTR Class A Common Stock, with net proceeds of $335.5 million, net of sales commissions. No preferred stock was sold during the period.
How much capacity remains under the ATM program?
As of June 21, 2026, the filing shows $25,411.0 million available for MSTR common stock (covering both the current offering and the MSTR Increase), $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.
How much bitcoin did Strategy buy, and at what price?
During the week, the company made bitcoin purchases with an aggregate purchase price of $34.9 million, funded by 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 were 847,363 bitcoin, with an aggregate purchase price of $64.10 billion and an average purchase price of $75,651.
What is the USD Reserve and what is its current balance?
The USD Reserve, established December 1, 2025, is a management-designated portion of liquidity intended to support preferred stock dividends and interest on outstanding indebtedness. As of June 21, 2026, its balance was $1.4 billion, including expected cash proceeds from ATM shares not yet settled. The company plans to keep replenishing it over time based on market conditions.
Where can investors find ongoing company information, and is the Item 7.01 information filed?
Strategy designates its website dashboard at www.strategy.com as a channel for broad, non-exclusionary disclosure, including market prices of its securities, bitcoin purchases and holdings, and key performance indicators. The Item 7.01 information is furnished and is not deemed filed for purposes of Section 18 of the Exchange Act.
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