secwatch.observer — SEC 8-K summary
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Issuer:     Strategy Inc (MSTR)
CIK:        0001050446
Form:       8-K
Filed at:   2026-02-02T23:59:59+00:00
Accession:  0001193125-26-033573
Event type: regulatory
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Strategy Inc says 100% of 2025 preferred dividends are return of capital, no E&P expected
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- For 2025, 100% of preferred stock distributions were nontaxable return of capital (ROC) per U.S. federal income tax.
- Raised $5.5B from five perpetual preferred IPOs and $1.9B from ATM programs; paid $413M in cumulative distributions at 9.6% blended rate.
- Strategy expects no current or future E&P for foreseeable future (10+ years); dividends treated as ROC to extent of shareholder basis.
- Forms 8937 for each distribution available at strategy.com/investor-relations/dividend-return-of-capital.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1050446/000119312526033573/0001193125-26-033573-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1050446/000119312526033573/mstr-20260202.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-033573

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