{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-280178","form_type":"8-K","ticker":"MSTR","cik":"0001050446","company_name":"Strategy Inc","filed_at":"2025-11-13T23:59:59+00:00","discovered_at":"2026-05-14T18:02:38.662552+00:00","generated_at":"2026-05-16T20:06:46.546806+00:00","sec_items":["3.03","5.03","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Strategy Inc raises ~€620M via 10.00% Series A Perpetual Stream Preferred Stock IPO","bullets":["Issued 7,750,000 shares of STRE Stock at €100 stated amount per share.","Gross proceeds of approximately €620M ($716.8M); net proceeds ~€608.8M ($703.9M).","Cumulative dividends at 10% per annum, compounded at increasing rates if unpaid, up to 18%.","Company may redeem all shares if less than 25% remain outstanding; holders have fundamental change repurchase rights.","Liquidation preference per share adjusts daily based on trading prices and sale transactions."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-280178","json":"https://secwatch.observer/filing/0001193125-25-280178.json","markdown":"https://secwatch.observer/filing/0001193125-25-280178.md","text":"https://secwatch.observer/filing/0001193125-25-280178.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1050446/000119312525280178/0001193125-25-280178-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1050446/000119312525280178/d205736d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T20:06:46.546806+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}