---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-332296"
form_type: "8-K"
ticker: "MSTR"
cik: "0001050446"
company_name: "Strategy Inc"
filed_at: "2025-12-29T23:59:59+00:00"
generated_at: "2026-05-16T12:04:00.099873+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Strategy Inc raises $108.8M via ATM stock sale, buys 1,229 Bitcoin; total holdings 672,497 BTC

## Summary
- Sold 663,450 shares of Class A common stock under ATM for net proceeds of $108.8M during Dec 22-28.
- Acquired 1,229 BTC at average price of $88,568, using proceeds from the ATM sale.
- As of Dec 28, total Bitcoin holdings reach 672,497 BTC with aggregate cost basis of $50.44B.
- Remaining ATM capacity: $11.7B for common stock; various preferred series also have capacity.

## SEC filing metadata
- accession: 0001193125-25-332296
- form_type: 8-K
- ticker: MSTR
- cik: 0001050446
- company_name: Strategy Inc
- filed_at: 2025-12-29T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 8.01, 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1050446/000119312525332296/0001193125-25-332296-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1050446/000119312525332296/mstr-20251117.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-332296
- JSON: https://secwatch.observer/filing/0001193125-25-332296.json
- Plain text: https://secwatch.observer/filing/0001193125-25-332296.txt

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