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Form 8-K

sec.gov
MSTR The article mentions MSTR stock in the context of an at-the-market offering program update and its bitcoin holdings. The sales figures and available capacity are presented factually without explicit positive or negative commentary on the stock's performance or future prospects. STRC The article provides an update on Strategy Inc's at-the-market offering program, detailing the sale of 21,795,389 shares of STRC Stock for $2,179.5 million in notional value. This is a factual report of a transaction. STRD The article provides an update on Strategy Inc's at-the-market offering program, stating no shares of STRD Stock were sold during the period and a specific amount remains available for issuance. This is a factual report of the program's status. STRF The article details Strategy Inc's at-the-market offering program for STRF Stock, reporting no shares sold and a remaining available for issuance amount. This is a factual update on the program's status. STRK The article mentions STRK Stock in the context of an at-the-market offering program update, indicating no shares were sold during the period and a certain amount remains available for issuance. This is a factual report of the program's status.

8-K — Strategy Inc

Accession: 0001193125-26-162756

Filed: 2026-04-20

Period: 2026-04-20

CIK: 0001050446

SIC: 6199 (FINANCE SERVICES)

Item: Regulation FD Disclosure

Item: Other Events

Documents

8-K — mstr-20260223.htm (Primary)

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8-K

8-K (Primary)

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8-K

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d)

OF THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): April 20, 2026

STRATEGY INC

(Exact name of registrant as specified in its charter)

Delaware

001-42509

51-0323571

(State or other jurisdiction

of incorporation)

(Commission

File Number)

(I.R.S. Employer

Identification No.)

1850 Towers Crescent Plaza

Tysons Corner, Virginia

22182

(Address of principal executive offices)

(Zip Code)

Registrant’s telephone number, including area code: (703) 848-8600

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of Each Class

Trading

Symbol

Name of Each Exchange

on which Registered

10.00% Series A Perpetual Strife Preferred Stock, $0.001 par value per share

STRF

The Nasdaq Global Select Market

Variable Rate Series A Perpetual Stretch Preferred Stock, $0.001 par value per share

STRC

The Nasdaq Global Select Market

8.00% Series A Perpetual Strike Preferred Stock, $0.001 par value per share

STRK

The Nasdaq Global Select Market

10.00% Series A Perpetual Stride Preferred Stock, $0.001 par value per share

STRD

The Nasdaq Global Select Market

Class A common stock, $0.001 par value per share

MSTR

The Nasdaq Global Select Market

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 8.01 Other Events.

ATM Update

On April 20, 2026, Strategy Inc ("Strategy") announced an update with respect to sales made under its at-the-market offering program ("ATM") of the following securities:

During Period April 13, 2026 to April 19, 2026

As of April 19, 2026

Security

Shares Sold(1)

Notional Value (in millions) (2)

Net Proceeds (in millions) (3)

Available for Issuance and Sale (in millions) (4)

STRF Stock

-

$

-

$

-

$

1,619.3

10.00% Series A Perpetual Strife Preferred Stock

STRC Stock

21,795,389

$

2,179.5

$

2,176.3

$

19,463.0

Variable Rate Series A Perpetual Stretch Preferred Stock

STRK Stock

-

$

-

$

-

$

2,100.0

8.00% Series A Perpetual Strike Preferred Stock

STRD Stock

-

$

-

$

-

$

4,014.8

10.00% Series A Perpetual Stride Preferred Stock

MSTR Stock

2,165,000

$

-

$

366.0

$

26,729.7

Class A Common Stock

Total

$

2,542.3

(1) Includes shares sold but not yet settled as of April 19, 2026.

(2) The total face value of the shares of preferred stock sold, which is used to calculate dividends thereon.

(3) Net proceeds are presented net of sales commission.

(4) As previously disclosed, on March 23, 2026, Strategy announced, among other things, a new $21.0 billion offering of MSTR Stock (the “MSTR Increase”). The MSTR Stock amount available for issuance reflects the aggregate remaining capacity of both the current offering and the MSTR Increase. Sales under the MSTR Increase may begin once capacity under the existing offering is substantially depleted.

BTC Update

On April 20, 2026, Strategy announced updates with respect to its bitcoin holdings:

During Period April 13, 2026 to April 19, 2026

As of April 19, 2026

BTC Acquired (1)

Aggregate Purchase Price (in billions) (2)

Average Purchase Price (2)

Aggregate BTC Holdings

Aggregate Purchase Price (in billions) (2)

Average Purchase Price (2)

34,164

$

2.54

$

74,395

815,061

$

61.56

$

75,527

(1) The bitcoin purchases were made using proceeds from the sale of shares under the ATM.

(2) Aggregate and average purchase prices are inclusive of fees and expenses.

Item 7.01 Regulation FD Disclosure.

Strategy Dashboard

Strategy also maintains a dashboard on its website (www.strategy.com) as a disclosure channel for providing broad, non-exclusionary distribution of information regarding Strategy to the public, including information regarding market prices of its outstanding securities, bitcoin purchases and holdings, certain key performance indicator metrics and other supplemental information, and as one means of disclosing non-public information in compliance with its disclosure obligations under Regulation FD. Investors and others are encouraged to regularly review the information that Strategy makes public via the website dashboard.

Furnished Information

The information disclosed pursuant to Item 7.01 in this Current Report on Form 8-K shall not be deemed “filed” for purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such a filing.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Date: April 20, 2026

Strategy Inc

(Registrant)

By:

/s/ Thomas C. Chow

Name:

Thomas C. Chow

Title:

Executive Vice President & General Counsel

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