MicroStrategy Files 8-K on Preferred Stock Series

TL;DR

MSTR filed an 8-K detailing preferred stock series; check for impact on your holdings.

AI Summary

MicroStrategy Incorporated filed an 8-K on August 11, 2025, reporting on events that occurred on August 4, 2025. The filing primarily concerns various series of preferred stock, including Class 160A Common Stock, Variable Rate Series A Perpetual Stretch Preferred Stock, M1000 Series A Perpetual Strife Preferred Stock, M1000 Series A Perpetual Stride Preferred Stock, and M800 Series A Perpetual Strike Preferred Stock. No specific dollar amounts or new business initiatives were detailed in the provided excerpt.

Why It Matters

This filing indicates potential adjustments or disclosures related to MicroStrategy's preferred stock offerings, which could impact investors holding these securities.

Risk Assessment

Risk Level: low — The filing is a routine disclosure regarding existing financial instruments and does not appear to involve significant new risks or negative developments.

Key Players & Entities

• MicroStrategy Incorporated (company) — Registrant
• Class 160A Common Stock (company) — Preferred Stock Series
• Variable Rate Series A Perpetual Stretch Preferred Stock (company) — Preferred Stock Series
• M1000 Series A Perpetual Strife Preferred Stock (company) — Preferred Stock Series
• M1000 Series A Perpetual Stride Preferred Stock (company) — Preferred Stock Series
• M800 Series A Perpetual Strike Preferred Stock (company) — Preferred Stock Series

FAQ

Key Financial Figures

• $0.001 — hich Registered Class A common stock, $0.001 par value per share MSTR The Nasdaq
• $17,042.7 — in millions) Common ATM - - - $17,042.7 $21 billion of class A common stock,
• $21 billion — Common ATM - - - $17,042.7 $21 billion of class A common stock, $0.001 par val
• $20,450.2 — ed May 1, 2025 STRK ATM - - - $20,450.2 $21 billion of 8.00% series A perpetu
• $11.5 — d March 10, 2025 STRF ATM 115,169 $11.5 $13.6 $1,867.4 $2.1 billion of 10
• $13.6 — 10, 2025 STRF ATM 115,169 $11.5 $13.6 $1,867.4 $2.1 billion of 10.00% ser
• $1,867.4 — STRF ATM 115,169 $11.5 $13.6 $1,867.4 $2.1 billion of 10.00% series A perpe
• $2.1 billion — 115,169 $11.5 $13.6 $1,867.4 $2.1 billion of 10.00% series A perpetual strife pre
• $4,182.0 — d May 22, 2025 STRD ATM - - - $4,182.0 $4.2 billion of 10.00% series A perpe
• $4.2 billion — 025 STRD ATM - - - $4,182.0 $4.2 billion of 10.00% series A perpetual stride pre
• $4,200.0 — d July 7, 2025 STRC ATM - - - $4,200.0 $4.2 billion of variable rate series

Filing Documents

• mstr-20250804.htm (8-K) — 161KB
• img7186326_0.jpg (GRAPHIC) — 14KB
• 0000950170-25-106241.txt ( ) — 371KB
• mstr-20250804.xsd (EX-101.SCH) — 61KB
• mstr-20250804_htm.xml (XML) — 9KB

01 Other Events

Item 8.01 Other Events. ATM Updates On August 11, 2025, MicroStrategy Incorporated d/b/a Strategy ("Strategy" or the "Company") announced updates with respect to its at-the-market offering programs: ATM Program Summary During Period August 4, 2025 to August 10, 2025 As of August 10, 2025 Shares Sold Notional Value (in millions) (1) Net Proceeds (in millions) (2) Available for Issuance and Sale (in millions) Common ATM - - - $17,042.7 $21 billion of class A common stock, $0.001 par value per share ("MSTR Shares"), established May 1, 2025 STRK ATM - - - $20,450.2 $21 billion of 8.00% series A perpetual strike preferred stock, $0.001 par value per share ("STRK Shares"), established March 10, 2025 STRF ATM 115,169 $11.5 $13.6 $1,867.4 $2.1 billion of 10.00% series A perpetual strife preferred stock, $0.001 par value per share ("STRF Shares"), established May 22, 2025 STRD ATM - - - $4,182.0 $4.2 billion of 10.00% series A perpetual stride preferred stock, $0.001 par value per share ("STRD Shares"), established July 7, 2025 STRC ATM - - - $4,200.0 $4.2 billion of variable rate series A perpetual stretch preferred stock, $0.001 par value per share ("STRC Shares"), established July 31, 2025 Total $13.6 (1) The total face value of the shares of preferred stock sold, which is used to calculate dividends thereon. (2) Net proceeds are presented net of sales commission. BTC Update On August 11, 2025, Strategy announced updates with respect to its bitcoin holdings: During Period August 4, 2025 to August 10, 2025 As of August 10, 2025 BTC Acquired (1) Aggregate Purchase Price (in millions) (2) Average Purchase Price (2) Aggregate BTC Holdings Aggregate Purchase Price (in billions) (2) Average Purchase Price (2) 155 $ 18.0 $ 116,401 628,946 $ 46.10 $ 73,288 (1) The bitcoin purchases were made using proceeds from the STRF ATM an

01 Regulation FD Disclosure

Item 7.01 Regulation FD Disclosure. Strategy Dashboard The Company also maintains a dashboard on its website (www.strategy.com) as a disclosure channel for providing broad, non-exclusionary distribution of information regarding the Company to the public, including information regarding market prices of its outstanding securities, bitcoin purchases and holdings, certain KPI metrics and other supplemental information, and as one means of disclosing non-public information in compliance with its disclosure obligations under Regulation FD. Investors and others are encouraged to regularly review the information that the Company makes public via the website dashboard. Furnished Information The information disclosed pursuant to Item 7.01 in this Current Report on Form 8-K shall not be deemed "filed" for purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such a filing. SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: August 11, 2025 MicroStrategy Incorporated (Registrant) By: /s/ W. Ming Shao Name: W. Ming Shao Title: Executive Vice President & General Counsel

View Full Filing

View this 8-K filing on SEC EDGAR