{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-001550","form_type":"8-K","ticker":"MSTR","cik":"0001050446","company_name":"Strategy Inc","filed_at":"2026-01-05T23:59:59+00:00","discovered_at":"2026-05-14T18:02:34.466126+00:00","generated_at":"2026-05-16T11:37:57.054187+00:00","sec_items":["8.01","7.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"Strategy Inc reports Q4 2025 $17.44B unrealized loss on digital assets and BTC holdings update","bullets":["Strategy sold 1,255,911 MSTR shares (Dec 29-31) for $195.9M and 735,000 shares (Jan 1-4) for $116.3M via ATM.","Acquired 3 BTC at avg $88,210 (Dec 29-31) and 1,283 BTC at avg $90,391 (Jan 1-4); total BTC holdings now 673,783.","Q4 2025 unrealized loss on digital assets was $17.44B with $5.01B deferred tax benefit; carrying value at Dec 31: $58.85B.","USD Reserve balance as of Jan 4, 2026 was $2.25B to support preferred stock dividends and debt interest."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-001550","json":"https://secwatch.observer/filing/0001193125-26-001550.json","markdown":"https://secwatch.observer/filing/0001193125-26-001550.md","text":"https://secwatch.observer/filing/0001193125-26-001550.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1050446/000119312526001550/0001193125-26-001550-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1050446/000119312526001550/mstr-20260105.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud","generated_at":"2026-05-16T11:37:57.054187+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"}