Strategy Stock Price, News & Analysis

Strategy Inc 8.00% Series A Perpetual Strike Preferred Stock (STRK) represents a class of preferred equity issued by Strategy Inc, the company formerly known as MicroStrategy Incorporated. Strategy Inc trades on the Nasdaq Global Select Market under multiple symbols, including its class A common stock (MSTR) and several series of preferred stock, among them the 8.00% Series A Perpetual Strike Preferred Stock trading under the ticker STRK.

According to Strategy’s public disclosures and SEC filings, the company describes itself as the world’s first and largest Bitcoin Treasury Company. Strategy is a publicly traded enterprise that has adopted bitcoin as its primary treasury reserve asset. Using proceeds from equity and debt financings, as well as cash flows from its operations, the company strategically accumulates bitcoin and advocates for its role as digital capital. Strategy’s treasury approach is designed to give investors varying degrees of economic exposure to bitcoin through a range of securities, including equity and fixed-income instruments such as its preferred stock series.

In addition to its bitcoin-focused treasury activities, Strategy provides AI-powered enterprise analytics software. The company states that it advances a vision of "Intelligence Everywhere" by offering enterprise analytics capabilities and exploring innovation in bitcoin applications. Its disclosures emphasize the combination of a substantial bitcoin reserve, capital markets activity, and software development as core elements of its overall corporate strategy.

STRK: 8.00% Series A Perpetual Strike Preferred Stock

The STRK security is identified in SEC filings as the 8.00% Series A Perpetual Strike Preferred Stock, $0.001 par value per share. It is listed on the Nasdaq Global Select Market and is included in Strategy’s at-the-market (ATM) offering programs. Strategy has disclosed that it may issue and sell STRK shares under a large ATM program, with proceeds used for general corporate purposes, including the acquisition of bitcoin and working capital.

Strategy has also filed a Certificate of Amendment relating to the STRK stock, with the stated intent that, together with other conforming changes, the liquidation preference per share of STRK would generally approximate its trading price, subject to a floor of $100. The company has indicated that this amendment is subject to common stockholder ratification, and investors are advised in the filing to treat the amendment as subject to ratification until that process is completed.

Through periodic 8-K filings, Strategy reports activity in its STRK ATM program, including shares sold, notional value, and net proceeds. These filings also explain that proceeds from STRK and other securities offerings have been used to purchase additional bitcoin, reinforcing the link between the preferred stock capital structure and the company’s bitcoin treasury strategy.

Strategy’s Business Model and Capital Markets Activity

Strategy’s public communications describe a business model that combines bitcoin treasury management with enterprise analytics software. The company highlights that it uses capital raised from common stock, preferred stock (including STRK, STRF, STRD, and STRC), and convertible notes to expand its bitcoin holdings. SEC filings and press releases detail multiple offerings and ATM programs for these securities, along with updates on bitcoin purchases and aggregate holdings.

The company also reports key performance indicators related to its bitcoin strategy, such as "BTC Yield," "BTC Gain," and "BTC $ Gain," and provides periodic updates on bitcoin acquisition volumes, aggregate purchase prices, and average purchase prices. These disclosures underscore the central role of bitcoin in Strategy’s financial and capital allocation decisions.

Alongside its treasury operations, Strategy continues to operate a software business. Public releases describe AI-powered analytics offerings, including the Strategy One platform and Strategy Mosaic, as well as data management and business intelligence capabilities designed for organizations that want to apply AI to their data. These software activities are presented as part of the same corporate framework that also manages a large bitcoin reserve.

Trading Status and Exchange Listing

SEC filings list the 8.00% Series A Perpetual Strike Preferred Stock (STRK) as a security registered under Section 12(b) of the Securities Exchange Act of 1934 and trading on The Nasdaq Global Select Market. Filings also confirm that the company’s class A common stock (MSTR) and other preferred series (STRF, STRD, STRC) are listed on the same exchange. There is no indication in the provided filings of delisting or deregistration of STRK.

Relationship Between STRK and Strategy’s Bitcoin Treasury

In multiple press releases and 8-K filings, Strategy notes that proceeds from its preferred stock offerings and ATM programs, including STRK, are used for general corporate purposes that explicitly include the acquisition of bitcoin. The company also reports bitcoin purchases funded by proceeds from STRK ATM sales, among other sources. This creates a direct connection between STRK as a capital instrument and the expansion of Strategy’s bitcoin holdings.

Investors analyzing STRK often consider both its preferred stock characteristics, as disclosed in offering documents and SEC filings, and its role in financing Strategy’s bitcoin treasury strategy. The company’s disclosures emphasize that its securities, including preferred stock, are intended to provide different forms of economic exposure to bitcoin as part of its overall capital structure.

Software and AI-Powered Analytics Activities

Strategy’s public announcements describe a portfolio of AI-powered analytics and data management software. The company has introduced offerings such as Strategy Mosaic and Strategy One, including versions that incorporate AI engines and agent-based architectures. These products are presented as tools for enterprise data governance, analytics, and AI-driven insights, and are part of Strategy’s broader vision of "Intelligence Everywhere."

While STRK is a preferred equity instrument rather than a software product, it is issued by the same corporate entity that develops and markets these analytics platforms. As a result, the performance and strategy of the underlying company, including its software operations and bitcoin treasury activities, are relevant context for understanding the issuer behind the STRK security.

Geographic and Corporate Information

SEC filings identify Strategy Inc (formerly MicroStrategy Incorporated) as having its principal offices in Tysons Corner, Virginia. The filings also clarify that the company changed its legal name from MicroStrategy Incorporated to Strategy Inc through a Certificate of Amendment filed in the State of Delaware. The name change did not alter the company’s corporate structure, and its securities continue to trade under the existing Nasdaq tickers, including STRK.

FAQs about Strategy Inc 8.00% Series A Perpetual Strike Preferred Stock (STRK)

• What is STRK?
  STRK is the ticker symbol for Strategy Inc’s 8.00% Series A Perpetual Strike Preferred Stock, a series of preferred equity registered under Section 12(b) of the Exchange Act and listed on the Nasdaq Global Select Market.
• Who issues STRK?
  STRK is issued by Strategy Inc, the company that was previously known as MicroStrategy Incorporated. The issuer also lists its class A common stock under the ticker MSTR and other preferred series under STRF, STRD, and STRC.
• How does STRK relate to Strategy’s bitcoin strategy?
  Strategy’s public filings state that proceeds from offerings and ATM programs for STRK and other securities are used for general corporate purposes, including the acquisition of bitcoin. The company reports bitcoin purchases funded in part by STRK ATM proceeds.
• Is STRK still listed on a major exchange?
  Yes. The SEC filings provided list the 8.00% Series A Perpetual Strike Preferred Stock (STRK) as trading on The Nasdaq Global Select Market, with no indication in the data of delisting.
• What is Strategy Inc’s core business?
  Strategy describes itself as the world’s first and largest Bitcoin Treasury Company and a provider of AI-powered enterprise analytics software. It has adopted bitcoin as its primary treasury reserve asset and also operates a software business focused on analytics and data management.
• Did the company change its name?
  Yes. An 8-K filing reports that MicroStrategy Incorporated filed a Certificate of Amendment to change its name to Strategy Inc. The name change became effective in Delaware and for trading on Nasdaq, while existing ticker symbols, including STRK, were maintained.
• How does Strategy disclose information about STRK and its other securities?
  Strategy uses SEC filings, press releases, and a dashboard on its website as disclosure channels. The dashboard is described in multiple 8-K filings as providing information on market data for its securities, bitcoin purchases and holdings, and certain KPI metrics.
• What role do ATM programs play for STRK?
  Strategy has established an at-the-market offering program for STRK, under which it may issue and sell additional STRK shares. Regular 8-K filings summarize shares sold, notional values, and net proceeds, and indicate that these proceeds contribute to funding bitcoin acquisitions and other corporate purposes.