{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-142925","form_type":"8-K","ticker":"MSTR","cik":"0001050446","company_name":"Strategy Inc","filed_at":"2026-04-06T23:59:59+00:00","discovered_at":"2026-05-14T18:02:31.870764+00:00","generated_at":"2026-05-15T07:12:50.557408+00:00","sec_items":["8.01","7.01"],"event_type":"other_material","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Strategy reports $14.46B unrealized loss on digital assets for Q1 2026","bullets":["Unrealized loss of $14.46B on digital assets for Q1 2026; deferred tax benefit of $2.42B.","Digital asset carrying value $51.65B as of March 31; cost basis above fair value triggered $1.73B valuation allowance.","Additional $0.5B valuation allowance expected on software deferred tax assets due to bitcoin price decline.","ATM sales April 1-5: 1,027,255 STRC shares ($102.7M notional) and 593,294 MSTR shares ($72M net proceeds).","Acquired 4,871 BTC April 1-5 at avg $67,718; total holdings 766,970 BTC with avg purchase price $75,644."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-142925","json":"https://secwatch.observer/filing/0001193125-26-142925.json","markdown":"https://secwatch.observer/filing/0001193125-26-142925.md","text":"https://secwatch.observer/filing/0001193125-26-142925.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1050446/000119312526142925/0001193125-26-142925-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1050446/000119312526142925/mstr-20260406.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-15T07:12:50.557408+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"}