---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-318468"
form_type: "8-K"
ticker: "MSTR"
cik: "0001050446"
company_name: "Strategy Inc"
filed_at: "2025-12-15T23:59:59+00:00"
generated_at: "2026-05-16T13:09:36.450575+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Strategy raises $989M via ATM sales, buys 10,645 BTC for $980M

## Summary
- Class A common stock ATM: 4,789,664 shares sold, net proceeds $888.2M.
- Preferred stock ATM: STRF 163,306 shares ($16.3M notional), STRK 7,036 ($0.7M), STRD 1,029,202 ($102.9M).
- Total net proceeds from ATM sales Dec 8-14, 2025: $989M.
- Purchased 10,645 bitcoin at avg $92,098 per BTC; aggregate holdings now 671,268 BTC.
- As of Dec 14, 2025, aggregate BTC holdings purchased for $50.33B at avg $74,972.

## SEC filing metadata
- accession: 0001193125-25-318468
- form_type: 8-K
- ticker: MSTR
- cik: 0001050446
- company_name: Strategy Inc
- filed_at: 2025-12-15T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 8.01, 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1050446/000119312525318468/0001193125-25-318468-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1050446/000119312525318468/mstr-20251117.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-318468
- JSON: https://secwatch.observer/filing/0001193125-25-318468.json
- Plain text: https://secwatch.observer/filing/0001193125-25-318468.txt

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