secwatch.observer — SEC 8-K summary
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Issuer:     Strategy Inc (MSTR)
CIK:        0001050446
Form:       8-K
Filed at:   2025-10-30T23:59:59+00:00
Accession:  0001193125-25-258690
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 8.01, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1050446/000119312525258690/0001193125-25-258690-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1050446/000119312525258690/mstr-20251030.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-258690

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