{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-327598","form_type":"8-K","ticker":"MSTR","cik":"0001050446","company_name":"Strategy Inc","filed_at":"2025-12-22T23:59:59+00:00","discovered_at":"2026-05-14T18:02:38.663605+00:00","generated_at":"2026-05-16T12:23:11.482037+00:00","sec_items":["8.01","7.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"Strategy sold 4.5M shares via ATM for $748M net; BTC holdings flat; USD Reserve grows to $2.19B","bullets":["Sold 4,535,000 shares of Class A common stock via ATM Dec 15-21, net proceeds $747.8M.","No bitcoin purchases; holdings unchanged at 671,268 BTC, avg purchase price $74,972.","USD Reserve balance increased to $2.19B from initial $1.44B established Dec 1, 2025.","Remaining ATM availability $11.81B for common stock; no preferred stock sold this period."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-327598","json":"https://secwatch.observer/filing/0001193125-25-327598.json","markdown":"https://secwatch.observer/filing/0001193125-25-327598.md","text":"https://secwatch.observer/filing/0001193125-25-327598.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1050446/000119312525327598/0001193125-25-327598-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1050446/000119312525327598/mstr-20251117.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-16T12:23:11.482037+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"}