---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-221772"
form_type: "8-K"
ticker: "MSTR"
cik: "0001050446"
company_name: "Strategy Inc"
filed_at: "2025-09-29T23:59:59+00:00"
generated_at: "2026-05-17T05:21:37.962321+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Strategy raises $128M via ATM sales, adds 196 BTC to holdings

## Summary
- Sold 101,713 STRF shares (net $11.3M), 5,000 STRD shares ($0.4M), and 347,352 MSTR shares ($116.4M).
- Total net proceeds from ATM programs in week ended Sept 28: $128.1M.
- Acquired 196 BTC for $22.1M at avg price $113,048; total holdings 640,031 BTC.
- Aggregate BTC cost basis $47.35B, avg cost $73,983 per BTC as of Sept 28.

## SEC filing metadata
- accession: 0001193125-25-221772
- form_type: 8-K
- ticker: MSTR
- cik: 0001050446
- company_name: Strategy Inc
- filed_at: 2025-09-29T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 8.01, 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1050446/000119312525221772/0001193125-25-221772-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1050446/000119312525221772/mstr-20250902.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-221772
- JSON: https://secwatch.observer/filing/0001193125-25-221772.json
- Plain text: https://secwatch.observer/filing/0001193125-25-221772.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.