---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-258690"
form_type: "8-K"
ticker: "MSTR"
cik: "0001050446"
company_name: "Strategy Inc"
filed_at: "2025-10-30T23:59:59+00:00"
generated_at: "2026-05-17T01:13:04.432559+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Strategy Q3 net income $2.8B, EPS $8.42; BTC holdings 640,808; raises STRC dividend to 10.50%

## Summary
- Net income of $2.8B, diluted EPS $8.42; operating income $3.9B (includes $3.9B unrealized gain on digital assets).
- Bitcoin holdings 640,808 BTC as of Oct 26, 2025; average cost $74,032; BTC Yield YTD 26.0% (target 30%).
- FY2025 guidance reaffirmed: operating income $34B, net income $24B, diluted EPS $80 (assumes BTC $150k year-end).
- STRC dividend rate increased to 10.50% effective Nov 1, 2025; November cash dividend $0.875 per share.
- Software revenue $128.7M, up 10.9% YoY; subscription services revenue up 65.4% YoY.

## SEC filing metadata
- accession: 0001193125-25-258690
- form_type: 8-K
- ticker: MSTR
- cik: 0001050446
- company_name: Strategy Inc
- filed_at: 2025-10-30T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 8.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1050446/000119312525258690/0001193125-25-258690-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1050446/000119312525258690/mstr-20251030.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-258690
- JSON: https://secwatch.observer/filing/0001193125-25-258690.json
- Plain text: https://secwatch.observer/filing/0001193125-25-258690.txt

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