secwatch.observer — SEC 8-K summary
======================================

Issuer:     Strategy Inc (MSTR)
CIK:        0001050446
Form:       8-K
Filed at:   2023-11-30T23:59:59+00:00
Accession:  0001193125-23-285756
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 1.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MicroStrategy enters $750M ATM equity offering; acquires 16,130 BTC for $593M
-----------------------------------------------------------------------------

- New $750M at-the-market equity offering agreement with Cowen, Canaccord, BTIG; agents' commission up to 2.0% of gross proceeds.
- Terminated prior $750M ATM (Berenberg); sold 1,189,588 shares for ~$590.9M net proceeds before termination.
- Acquired 16,130 BTC for ~$593.3M cash at avg $36,785/BTC during Nov 1-29, 2023.
- Total bitcoin holdings as of Nov 29, 2023: 174,530 BTC at avg cost $30,252 per BTC ($5.28B aggregate).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1050446/000119312523285756/0001193125-23-285756-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1050446/000119312523285756/d618268d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-285756

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer