{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-26-413164","form_type":"8-K","ticker":"MSTR","cik":"0001050446","company_name":"Strategy Inc","filed_at":"2026-10-05T12:00:15+00:00","discovered_at":"2026-10-05T12:05:00.290216+00:00","generated_at":"2026-10-12T14:45:09.153297+00:00","sec_items":["8.01","7.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Strategy estimates $20.91B Q3 digital asset gain; holds 848,000 BTC and reverses $4.12B tax allowance","bullets":["Q3 2026 estimate: $20.91B gain on digital assets and $1.88B deferred tax expense; digital asset carrying value was $70.82B as of Sept. 30, 2026.","Reversed $4.12B deferred tax asset and released related valuation allowance, creating approx. $4.12B income tax benefit and cutting estimated deferred tax expense from ~$6.00B to $1.88B.","Bitcoin holdings were 848,000 BTC at Oct. 4, 2026, aggregate purchase price $63.97B and average $75,440.7; Oct. 1-4 purchases were 334 BTC for $28.7M at $85,838.8 average.","ATM: sold 92,894 MSTR shares Oct. 1-4 for $15.7M net, used to buy bitcoin; no STRF/STRC/STRK/STRD sales; $18.83B MSTR and $1.62B STRF issuance capacity remains.","Repurchased 1,033,168 STRC shares for $102.6M Sept. 28-30 and 740,634 for $73.7M Oct. 1-4; $547.2M preferred buyback capacity and $1.0B MSTR buyback remain; USD Reserve $4.88B, USD Cash $833.4M."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-26-413164","json":"https://secwatch.observer/filing/0001193125-26-413164.json","markdown":"https://secwatch.observer/filing/0001193125-26-413164.md","text":"https://secwatch.observer/filing/0001193125-26-413164.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1050446/000119312526413164/0001193125-26-413164-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1050446/000119312526413164/mstr-20261005.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-10-12T14:45:09.153297+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"}