---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-403417"
form_type: "8-K"
ticker: "MSTR"
cik: "0001050446"
company_name: "Strategy Inc"
filed_at: "2026-09-28T12:00:16+00:00"
generated_at: "2026-10-12T13:30:34.874861+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Strategy buys 1,665 BTC for $142.7M, sells 1.47M MSTR shares for $246.2M, repurchases 1.53M STRC shares

## Summary
- Sold 1,469,165 MSTR shares for $246.2M net proceeds during Sept 21-27; $142.7M funded BTC buys, $103.5M funded STRC repurchases.
- Purchased 1,665 BTC for $142.7M at avg $85,681; total holdings 847,666 BTC, avg cost $75,437, aggregate $63.95B.
- Repurchased 1,534,530 STRC shares for $151.7M; $723.5M remains for preferred repurchases, $1.0B for MSTR repurchases.
- Used $48.1M USD Cash for STRC repurchases, $22.1M USD Reserve for preferred dividends; balances $5.02B and $1.00B as of Sept 27.
- Remaining ATM capacity: STRF $1,619.3M, STRC $17.51B, STRK $2.1B, STRD $4.01B, MSTR $18.84B.

## SEC filing metadata
- accession: 0001193125-26-403417
- form_type: 8-K
- ticker: MSTR
- cik: 0001050446
- company_name: Strategy Inc
- filed_at: 2026-09-28T12:00:16+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 8.01, 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1050446/000119312526403417/0001193125-26-403417-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1050446/000119312526403417/mstr-20260914.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-403417
- JSON: https://secwatch.observer/filing/0001193125-26-403417.json
- Plain text: https://secwatch.observer/filing/0001193125-26-403417.txt

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