Strategy Inc. Files 8-K, Formerly MicroStrategy

TL;DR

Strategy Inc. (formerly MicroStrategy) filed an 8-K on 8/18/25. Finance Services biz.

AI Summary

Strategy Inc. filed an 8-K on August 18, 2025, reporting on other events and financial statements. The filing indicates the company's primary business is Finance Services, with a SIC code of 6199. Strategy Inc. was formerly known as MicroStrategy Inc. and has undergone name changes in 1997 and 2018.

Why It Matters

This 8-K filing provides an update on Strategy Inc.'s corporate status and business classification, which may be relevant for investors tracking the company's evolution and financial reporting.

Risk Assessment

Risk Level: low — The filing is a routine 8-K for corporate information and does not appear to contain significant new financial or operational risks.

Key Players & Entities

• Strategy Inc. (company) — Filer
• August 18, 2025 (date) — Date of Report
• Finance Services (industry) — Business Classification
• 6199 (sic_code) — Standard Industrial Classification
• MicroStrategy Inc. (company) — Former Company Name

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
• $18.0 — 2025 STRK ATM 179,687 STRK Shares $18.0 $19.3 $20,430.9 $21 billion of 8.
• $19.3 — TRK ATM 179,687 STRK Shares $18.0 $19.3 $20,430.9 $21 billion of 8.00% seri
• $20,430.9 — 179,687 STRK Shares $18.0 $19.3 $20,430.9 $21 billion of 8.00% series A perpetu
• $16.3 — 2025 STRF ATM 162,670 STRF Shares $16.3 $19.0 $1,848.4 $2.1 billion of 10
• $19.0 — TRF ATM 162,670 STRF Shares $16.3 $19.0 $1,848.4 $2.1 billion of 10.00% ser
• $1,848.4 — 162,670 STRF Shares $16.3 $19.0 $1,848.4 $2.1 billion of 10.00% series A perpe
• $2.1 billion — TRF Shares $16.3 $19.0 $1,848.4 $2.1 billion of 10.00% series A perpetual strife pre
• $14.1 — 2025 STRD ATM 140,789 STRD Shares $14.1 $12.1 $4,169.9 $4.2 billion of 10
• $12.1 — TRD ATM 140,789 STRD Shares $14.1 $12.1 $4,169.9 $4.2 billion of 10.00% ser
• $4,169.9 — 140,789 STRD Shares $14.1 $12.1 $4,169.9 $4.2 billion of 10.00% series A perpe
• $4.2 billion — TRD Shares $14.1 $12.1 $4,169.9 $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-20250818.htm (8-K) — 167KB
• mstr-ex99_1.htm (EX-99.1) — 1KB
• img7186361_0.jpg (GRAPHIC) — 14KB
• mstr-ex99_1s1.jpg (GRAPHIC) — 415KB
• 0000950170-25-109566.txt ( ) — 956KB
• mstr-20250818.xsd (EX-101.SCH) — 63KB
• mstr-20250818_htm.xml (XML) — 10KB

01 Other Events

Item 8.01 Other Events. ATM Updates On August 18, 2025, Strategy Inc ("Strategy" or the "Company") announced updates with respect to its at-the-market offering programs: ATM Program Summary During Period August 11, 2025 to August 17, 2025 As of August 17, 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 179,687 STRK Shares $18.0 $19.3 $20,430.9 $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 162,670 STRF Shares $16.3 $19.0 $1,848.4 $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 140,789 STRD Shares $14.1 $12.1 $4,169.9 $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 $50.4 (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 18, 2025, Strategy announced updates with respect to its bitcoin holdings: During Period August 11, 2025 to August 17, 2025 As of August 17, 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) 430 $ 51.4 $ 119,666 629,376 $ 46.15 $ 73,320 (1) The bitcoin purchases were made

01 Regulation FD Disclosure

Item 7.01 Regulation FD Disclosure. Update to MSTR Equity Guidance Strategy today announced an update to its prior guidance with respect to its intended use of proceeds from the Common ATM. When mNAV (as defined on Strategy.com) is below 2.5x, Strategy will tactically issue MSTR Shares to (1) pay interest on debt obligations, (2) fund preferred equity dividends, and (3) when otherwise deemed advantageous to the Company. A copy of the presentation slide issued in connection with the announcement is attached and furnished as Exhibit 99.1 to this Current Report on Form 8-K and incorporated herein by reference. 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 (including Exhibit 99.1) 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.

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Exhibit No. Description 99.1 Updated MSTR Equity Guidance Presentation Slide 104 Cover Page Interactive Data File (embedded within the Inline XBRL document). 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 18, 2025 Strategy Inc (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