secwatch.observer — SEC 8-K summary
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Issuer:     Strategy Inc (MSTR)
CIK:        0001050446
Form:       8-K
Filed at:   2026-09-28T12:00:16+00:00
Accession:  0001193125-26-403417
Event type: other_material
Sentiment:  neutral
Materiality: 0.50
Item codes: 8.01, 7.01
LLM model:  deepseek-v4.1-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1050446/000119312526403417/0001193125-26-403417-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1050446/000119312526403417/mstr-20260914.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-403417

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