secwatch.observer — SEC 8-K summary
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Issuer:     Strategy Inc (MSTR)
CIK:        0001050446
Form:       8-K
Filed at:   2025-10-06T23:59:59+00:00
Accession:  0001193125-25-230977
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 8.01, 5.02, 7.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1050446/000119312525230977/0001193125-25-230977-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1050446/000119312525230977/d49048d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-230977

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