---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-243049"
form_type: "8-K"
ticker: "MSTR"
cik: "0001050446"
company_name: "Strategy Inc"
filed_at: "2025-10-20T23:59:59+00:00"
generated_at: "2026-05-17T03:11:00.690716+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Strategy sold $18.8M preferred stock via ATM, bought 168 BTC; holdings reach 640,418

## Summary
- Sold 100,206 STRF ($10.0M), 55,001 STRK ($5.5M), 32,240 STRD ($3.2M) shares via ATM Oct 13-19.
- Net proceeds of $18.8M from ATM sales used to acquire 168 BTC at avg $112,051 per BTC.
- Total BTC holdings now 640,418, aggregate purchase price $47.40B, avg $74,010 per BTC.
- Remaining ATM availability: $2.1B STRF, $4.2B STRC, $20.4B STRK, $4.1B STRD, $15.9B MSTR.
- No MSTR common stock sold under ATM program during the period.

## SEC filing metadata
- accession: 0001193125-25-243049
- form_type: 8-K
- ticker: MSTR
- cik: 0001050446
- company_name: Strategy Inc
- filed_at: 2025-10-20T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 8.01, 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1050446/000119312525243049/0001193125-25-243049-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1050446/000119312525243049/mstr-20250902.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-243049
- JSON: https://secwatch.observer/filing/0001193125-25-243049.json
- Plain text: https://secwatch.observer/filing/0001193125-25-243049.txt

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