---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-230977"
form_type: "8-K"
ticker: "MSTR"
cik: "0001050446"
company_name: "Strategy Inc"
filed_at: "2025-10-06T23:59:59+00:00"
generated_at: "2026-05-17T04:32:30.729287+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Strategy reports Q3 $3.89B unrealized gain; CAMT risk removed on Treasury guidance

## Summary
- Q3 2025: $3.89B unrealized gain on digital assets; carrying value $73.21B as of Sept 30.
- Treasury/IRS guidance excludes unrealized gains from CAMT – Strategy no longer expects to be subject to CAMT.
- Bitcoin holdings unchanged at 640,031 BTC; no purchases in week Sep 29–Oct 5. Avg cost $73,983.
- Raised $5.09B in Q3 from STRC IPO ($2.47B) and ATM offerings.
- STRC monthly dividend rate increased from 10.00% to 10.25% effective Oct 1, 2025.

## SEC filing metadata
- accession: 0001193125-25-230977
- form_type: 8-K
- ticker: MSTR
- cik: 0001050446
- company_name: Strategy Inc
- filed_at: 2025-10-06T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 8.01, 5.02, 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1050446/000119312525230977/0001193125-25-230977-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1050446/000119312525230977/d49048d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-230977
- JSON: https://secwatch.observer/filing/0001193125-25-230977.json
- Plain text: https://secwatch.observer/filing/0001193125-25-230977.txt

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