secwatch.observer — SEC 8-K summary
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Issuer:     Strategy Inc (MSTR)
CIK:        0001050446
Form:       8-K
Filed at:   2025-11-17T23:59:59+00:00
Accession:  0001193125-25-283991
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 8.01, 7.01
LLM model:  deepseek-v4-flash:cloud@v2

Strategy updates ATM sales ($136.1M), completes €620M STRE offering, acquires 8,178 BTC
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- ATM sales Nov 10-16: total $136.1M notional from STRF ($4M), STRC ($131.4M), STRK ($0.6M); no MSTR or STRD issued.
- Completed STRE offering of 7.75M shares at €80 each; gross proceeds €620M (~$716.8M), net ~€608.8M (~$703.9M).
- Acquired 8,178 BTC for $835.6M at avg $102,171; total BTC holdings now 649,870 at avg $74,433.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1050446/000119312525283991/0001193125-25-283991-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1050446/000119312525283991/mstr-20251117.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-283991

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