---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-310607"
form_type: "8-K"
ticker: "MSTR"
cik: "0001050446"
company_name: "Strategy Inc"
filed_at: "2025-12-08T23:59:59+00:00"
generated_at: "2026-05-16T13:54:54.870695+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Strategy raises $963M via ATM, buys 10,624 BTC in week

## Summary
- Sold 442,536 STRD preferred ($44.3M notional) and 5.13M MSTR shares, net proceeds $928.1M and $34.9M respectively.
- Total ATM net proceeds $963M; BTC purchases funded by these proceeds.
- Acquired 10,624 BTC at avg $90,615; total holdings 660,624 BTC ($49.35B cost, avg $74,696)
- Remaining ATM availability: STRF $1.64B, STRC $4.04B, STRK $20.34B, STRD $4.10B, MSTR $13.45B.

## SEC filing metadata
- accession: 0001193125-25-310607
- form_type: 8-K
- ticker: MSTR
- cik: 0001050446
- company_name: Strategy Inc
- filed_at: 2025-12-08T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 8.01, 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1050446/000119312525310607/0001193125-25-310607-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1050446/000119312525310607/mstr-20251117.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-310607
- JSON: https://secwatch.observer/filing/0001193125-25-310607.json
- Plain text: https://secwatch.observer/filing/0001193125-25-310607.txt

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