{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-303157","form_type":"8-K","ticker":"MSTR","cik":"0001050446","company_name":"Strategy Inc","filed_at":"2025-12-01T23:59:59+00:00","discovered_at":"2026-05-14T18:02:38.662967+00:00","generated_at":"2026-05-16T15:50:40.501828+00:00","sec_items":["8.01","5.02","7.01","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Strategy establishes $1.44B USD Reserve, updates FY2025 guidance with bitcoin price range $85k-$110k","bullets":["Sold 8.214M shares of MSTR common stock via ATM for net proceeds $1.478B; used to fund $1.44B USD Reserve.","Bitcoin holdings: 650,000 BTC (3.1% of total supply); acquired 130 BTC at avg $89,960 during period.","Dividend rate on STRC increased from 10.50% to 10.75% effective Dec. 1, 2025; quarterly dividends declared on preferred stocks.","Thomas C. Chow appointed EVP & General Counsel; Wei-Ming Shao retired immediately, advisory role through Dec. 31.","FY2025 guidance updated: assumes yr-end BTC $85k-$110k; op income $9.5B to -$7.0B; diluted EPS $19.00 to -$17.00."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-303157","json":"https://secwatch.observer/filing/0001193125-25-303157.json","markdown":"https://secwatch.observer/filing/0001193125-25-303157.md","text":"https://secwatch.observer/filing/0001193125-25-303157.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1050446/000119312525303157/0001193125-25-303157-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1050446/000119312525303157/d69948d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T15:50:40.501828+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"}