secwatch.observer — SEC 8-K summary
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Issuer:     Strategy Inc (MSTR)
CIK:        0001050446
Form:       8-K
Filed at:   2025-12-15T23:59:59+00:00
Accession:  0001193125-25-318468
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 8.01, 7.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1050446/000119312525318468/0001193125-25-318468-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1050446/000119312525318468/mstr-20251117.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-318468

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