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

Reports
Regulation FD·Other Events
Filing Date
Filed August 31, 2026
Period End
August 31, 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 · Nov ’19Nov ’19
  2. Leadership change8-K · Nov ’21Nov ’21
  3. Material agreement8-K · Nov ’25Nov ’25

01—Abstract

Summary

Summary of the 8-K filed August 31, 2026. Cited figures are marked; the original filing is the authoritative source.

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 milliona 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,b 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 millionc 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.

02—Key points

Key Highlights

  1. MSTR common stock ATM sales of 4,531,421 shares generated $602.8 million in net proceeds for the week ended August 30, 2026, with no preferred stock sold under the ATM.
  2. Bitcoin purchases of 4,603 BTC cost $369.7 million, at an average price of $80,318 inclusive of fees, bringing aggregate holdings to 845,050 BTC.
  3. Aggregate bitcoin cost basis stands at $63.73 billion, or an average of $75,412 per BTC, inclusive of fees and expenses.
  4. Strategy repurchased 1,557,177 shares of STRC preferred stock for $151.8 million under its Digital Credit Securities Repurchase Program.
  5. Remaining repurchase capacity as of August 30, 2026 is $364.8 million for preferred stock and $1.0 billion for MSTR common stock.
  6. The USD Reserve held $5.10 billion and USD Cash held $1.61 billion as of August 30, 2026, both including unsettled ATM proceeds.
  7. Available ATM capacity as of August 30, 2026 totals $19,090.8 million for MSTR common, $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.

03—Questions

Frequently Asked Questions

  1. How did Strategy use the proceeds from its MSTR common stock ATM sales this week?

    Of the $602.8 million in net proceeds from MSTR common stock sales, $50.7 million funded STRC dividends, $369.7 million funded bitcoin purchases, $151.8 million funded repurchases of STRC preferred stock, and $30.0 million increased the USD Cash liquidity account.

  2. How much bitcoin does Strategy now hold, and at what average cost?

    As of August 30, 2026, Strategy held 845,050 BTC with an aggregate purchase price of $63.73 billion and an average purchase price of $75,412, inclusive of fees and expenses.

  3. Did Strategy sell any preferred stock under its ATM program during this period?

    No. The filing shows no shares of STRF, STRC, STRK, or STRD sold during the period August 24 to August 30, 2026. Only MSTR Class A Common Stock was sold, for 4,531,421 shares.

  4. What are the USD Reserve and USD Cash used for?

    The USD Reserve is intended to support payment of dividends on Strategy's preferred stock and interest on its outstanding indebtedness. USD Cash is held for broader general Bitcoin Treasury Company purposes, which may include acquiring bitcoin, expanding the USD Reserve, and other capital management uses. As of August 30, 2026, these balances were $5.10 billion and $1.61 billion, respectively.

  5. How much repurchase capacity remains under Strategy's programs?

    As of August 30, 2026, $364.8 million of preferred stock purchase capacity remained under the Digital Credit Securities Repurchase Program, and $1.0 billion of MSTR common stock capacity remained under the MSTR Stock repurchase program. Both programs were announced on June 29, 2026.

04—Continue

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