Strategy Inc. Files 8-K on Preferred Stock Series
Ticker: STRD · Form: 8-K · Filed: Sep 15, 2025 · CIK: 1050446
| Field | Detail |
|---|---|
| Company | Strategy Inc (STRD) |
| Form Type | 8-K |
| Filed Date | Sep 15, 2025 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.001, $30.3, $34.0, $1,749.6, $2.1 billion |
| Sentiment | neutral |
Sentiment: neutral
Topics: capital-structure, preferred-stock, disclosure
TL;DR
Strategy Inc. dropped an 8-K detailing preferred stock series and common stock as of Sept 2nd.
AI Summary
Strategy Inc. filed an 8-K on September 15, 2025, reporting on events that occurred on September 2, 2025. The filing includes details about various series of preferred stock, including M1000 Series A Perpetual Stride Preferred Stock, M800 Series A Perpetual Strike Preferred Stock, Variable Rate Series A Perpetual Stretch Preferred Stock, and M1000 Series A Perpetual Strife Preferred Stock, all with a par value per share. The company also reported on its common stock.
Why It Matters
This filing provides specific details on the company's capital structure, including various classes of preferred stock and common stock, which is important for investors to understand the company's financial makeup.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of corporate actions and does not indicate any immediate financial distress or significant operational changes.
Key Players & Entities
- Strategy Inc (company) — Registrant
- September 15, 2025 (date) — Filing Date
- September 2, 2025 (date) — Earliest Event Reported
- M1000 Series A Perpetual Stride Preferred Stock (company) — Preferred Stock Series
- M800 Series A Perpetual Strike Preferred 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
- Common Stock (company) — Equity Type
FAQ
What is the par value per share for the various preferred stock series mentioned?
The filing lists several preferred stock series, including M1000 Series A Perpetual Stride Preferred Stock, M800 Series A Perpetual Strike Preferred Stock, Variable Rate Series A Perpetual Stretch Preferred Stock, and M1000 Series A Perpetual Strife Preferred Stock, each with a 'ParValuePerShareMember', but the specific dollar amount is not detailed in this excerpt.
What specific events are being reported in this 8-K filing?
This 8-K filing reports on events related to the company's capital structure, specifically detailing various series of preferred stock and common stock as of September 2, 2025.
When was the earliest event reported in this filing?
The earliest event reported in this filing occurred on September 2, 2025.
What is the company's former name?
The company's former name was MICROSTRATEGY Inc, with a name change date of November 26, 1997, and also MICROSTRATEGY Inc with a name change date of August 21, 2018.
What is the Standard Industrial Classification (SIC) code for Strategy Inc?
The Standard Industrial Classification (SIC) code for Strategy Inc is 6199, which falls under FINANCE SERVICES.
Filing Stats: 921 words · 4 min read · ~3 pages · Grade level 9.1 · Accepted 2025-09-15 07:59:26
Key Financial Figures
- $0.001 — ies A Perpetual Strife Preferred Stock, $0.001 par value per share STRF The Nasdaq
- $30.3 — ons) STRF ATM 302,503 STRF Shares $30.3 $34.0 $1,749.6 $2.1 billion of 10
- $34.0 — TRF ATM 302,503 STRF Shares $30.3 $34.0 $1,749.6 $2.1 billion of 10.00% ser
- $1,749.6 — 302,503 STRF Shares $30.3 $34.0 $1,749.6 $2.1 billion of 10.00% series A perpe
- $2.1 billion — TRF Shares $30.3 $34.0 $1,749.6 $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
- $18.1 — 2025 STRK ATM 181,228 STRK Shares $18.1 $17.3 $20,368.8 $21 billion of 8.
- $17.3 — TRK ATM 181,228 STRK Shares $18.1 $17.3 $20,368.8 $21 billion of 8.00% seri
- $20,368.8 — 181,228 STRK Shares $18.1 $17.3 $20,368.8 $21 billion of 8.00% series A perpetu
- $21 billion — RK Shares $18.1 $17.3 $20,368.8 $21 billion of 8.00% series A perpetual strike pref
- $20.8 — 2025 STRD ATM 208,175 STRD Shares $20.8 $16.9 $4,151.8 $4.2 billion of 10
- $16.9 — TRD ATM 208,175 STRD Shares $20.8 $16.9 $4,151.8 $4.2 billion of 10.00% ser
- $4,151.8 — 208,175 STRD Shares $20.8 $16.9 $4,151.8 $4.2 billion of 10.00% series A perpe
- $16,105.9 — d July 7, 2025 MSTR ATM - - - $16,105.9 $21 billion of class A common stock,
Filing Documents
- mstr-20250902.htm (8-K) — 166KB
- img7187285_0.jpg (GRAPHIC) — 14KB
- 0001193125-25-202827.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 15, 2025, Strategy Inc ("Strategy" or the "Company") announced updates with respect to its at-the-market offering programs: ATM Program Summary During Period September 8, 2025 to September 14, 2025 As of September 14, 2025 Shares Sold Notional Value (in millions) (1) Net Proceeds (in millions) (2) Available for Issuance and Sale (in millions) STRF ATM 302,503 STRF Shares $30.3 $34.0 $1,749.6 $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 181,228 STRK Shares $18.1 $17.3 $20,368.8 $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 208,175 STRD Shares $20.8 $16.9 $4,151.8 $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 - - - $16,105.9 $21 billion of class A common stock, $0.001 par value per share ("MSTR Shares"), established May 1, 2025 Total $68.2 (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 15, 2025, Strategy announced updates with respect to its bitcoin holdings: During Period September 8, 2025 to September 14, 2025 As of September 14, 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) 525 $ 60.2 $ 114,562 638,985 $ 47.23 $ 73,913 (1) The bitcoin
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 15, 2025 Strategy Inc (Registrant) By: /s/ W. Ming Shao Name: W. Ming Shao Title: Executive Vice President & General Counsel