Strategy Inc. Files 8-K on Preferred Stock Series

TL;DR

Strategy Inc. filed an 8-K detailing its preferred stock series and common stock.

AI Summary

On September 2, 2025, Strategy Inc. (formerly MicroStrategy Inc.) filed an 8-K report. The filing primarily concerns the company's capital stock, specifically mentioning various series of preferred stock, including M800 Series A Perpetual Strike Preferred Stock, M1000 Series A Perpetual Stride Preferred Stock, and Variable Rate Series A Perpetual Stretch Preferred Stock, all with a par value per share. The report also references common stock.

Why It Matters

This filing provides details on the company's capital structure, which can impact its financial flexibility and shareholder rights.

Risk Assessment

Risk Level: low — The filing is a routine disclosure about the company's capital stock structure and does not indicate any immediate operational or financial distress.

Key Players & Entities

• Strategy Inc (company) — Registrant
• MicroStrategy Inc (company) — Former name
• M800 Series A Perpetual Strike Preferred Stock (company) — Capital stock series
• M1000 Series A Perpetual Stride Preferred Stock (company) — Capital stock series
• Variable Rate Series A Perpetual Stretch Preferred Stock (company) — Capital stock series
• Common Stock (company) — Capital stock

FAQ

Key Financial Figures

• $0.001 — ies A Perpetual Strife Preferred Stock, $0.001 par value per share STRF The Nasdaq
• $23.8 — ons) STRF ATM 237,931 STRF Shares $23.8 $26.5 $1,795.3 $2.1 billion of 10
• $26.5 — TRF ATM 237,931 STRF Shares $23.8 $26.5 $1,795.3 $2.1 billion of 10.00% ser
• $1,795.3 — 237,931 STRF Shares $23.8 $26.5 $1,795.3 $2.1 billion of 10.00% series A perpe
• $2.1 billion — TRF Shares $23.8 $26.5 $1,795.3 $2.1 billion of 10.00% series A perpetual strife pre
• $4,200.0 — d May 22, 2025 STRC ATM - - - $4,200.0 $4.2 billion of variable rate series
• $4.2 billion — 025 STRC ATM - - - $4,200.0 $4.2 billion of variable rate series A perpetual str
• $20.0 — 2025 STRK ATM 199,509 STRK Shares $20.0 $19.0 $20,391.3 $21 billion of 8.
• $19.0 — TRK ATM 199,509 STRK Shares $20.0 $19.0 $20,391.3 $21 billion of 8.00% seri
• $20,391.3 — 199,509 STRK Shares $20.0 $19.0 $20,391.3 $21 billion of 8.00% series A perpetu
• $21 billion — RK Shares $20.0 $19.0 $20,391.3 $21 billion of 8.00% series A perpetual strike pref
• $1.3 — 2025 STRD ATM 12,973 STRD Shares $1.3 $1.0 $4,168.8 $4.2 billion of 10.
• $1.0 — STRD ATM 12,973 STRD Shares $1.3 $1.0 $4,168.8 $4.2 billion of 10.00% ser
• $4,168.8 — TM 12,973 STRD Shares $1.3 $1.0 $4,168.8 $4.2 billion of 10.00% series A perpe
• $425.3 — MSTR ATM 1,237,000 MSTR Shares - $425.3 $16,306.7 $21 billion of class A co

Filing Documents

• mstr-20250902.htm (8-K) — 166KB
• img7187285_0.jpg (GRAPHIC) — 14KB
• 0001050446-25-000008.txt ( ) — 380KB
• mstr-20250902.xsd (EX-101.SCH) — 64KB
• mstr-20250902_htm.xml (XML) — 9KB

01 Other Events

Item 8.01 Other Events. ATM Updates On September 2, 2025, Strategy Inc ("Strategy" or the "Company") announced updates with respect to its at-the-market offering programs: ATM Program Summary During Period August 26, 2025 to September 1, 2025 As of September 1, 2025 Shares Sold Notional Value (in millions) (1) Net Proceeds (in millions) (2) Available for Issuance and Sale (in millions) STRF ATM 237,931 STRF Shares $23.8 $26.5 $1,795.3 $2.1 billion of 10.00% series A perpetual strife preferred stock, $0.001 par value per share ("STRF Shares"), established May 22, 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 STRK ATM 199,509 STRK Shares $20.0 $19.0 $20,391.3 $21 billion of 8.00% series A perpetual strike preferred stock, $0.001 par value per share ("STRK Shares"), established March 10, 2025 STRD ATM 12,973 STRD Shares $1.3 $1.0 $4,168.8 $4.2 billion of 10.00% series A perpetual stride preferred stock, $0.001 par value per share ("STRD Shares"), established July 7, 2025 MSTR ATM 1,237,000 MSTR Shares - $425.3 $16,306.7 $21 billion of class A common stock, $0.001 par value per share ("MSTR Shares"), established May 1, 2025 Total $471.8 (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 September 2, 2025, Strategy announced updates with respect to its bitcoin holdings: During Period August 26, 2025 to September 1, 2025 As of September 1, 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) 4,048 $ 449.3 $ 110,981 636,505 $ 46.95 $ 73,765

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: September 2, 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