secwatch.observer — SEC 8-K summary
======================================

Issuer:     Strategy Inc (MSTR)
CIK:        0001050446
Form:       8-K
Filed at:   2026-03-02T23:59:59+00:00
Accession:  0001193125-26-084264
Event type: other_material
Sentiment:  neutral
Materiality: 0.60
Item codes: 8.01, 7.01
LLM model:  deepseek-v4-flash:cloud@v2

Strategy raises $237M in ATM sales, buys 3,015 BTC, hikes STRC dividend rate to 11.50%
--------------------------------------------------------------------------------

- Sold 1.73M MSTR shares ($229.9M net) and 71,590 STRC shares ($7.1M net) under ATM; $237M total net proceeds.
- Acquired 3,015 BTC for $204.1M at avg $67,700; total holdings now 720,737 BTC at avg $75,985.
- Increased Variable Rate Series A Perpetual Stretch Preferred (STRC) dividend rate from 11.25% to 11.50% effective March 1, 2026.
- Declared quarterly/monthly dividends on all preferred series payable March 31, 2026, record March 15, 2026; STRC dividend $0.95833/share.
- Expects dividends on preferred equity to be non-taxable return of capital to extent of shareholder's tax basis.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1050446/000119312526084264/0001193125-26-084264-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1050446/000119312526084264/mstr-20260228.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-084264

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