Strategy Inc filed amended certificates for its STRF, STRC, STRK and STRD preferred-stock series. Stockholders approved the amendments on October 28, 2026. The STRC certificate becomes effective November 1, 2026, and the STRF, STRK and STRD certificates become effective January 1, 2027.
The amendments set a dividend record date on each calendar day, with payment on the following Business Day if declared. They do not change the series’ regular dividend rates, total regular dividends payable or the company’s overall dividend payment obligations. Upon the STRC certificate’s effectiveness, November daily dividends will be payable under their terms, and the November 15 dividend will not be payable.
Strategy Inc (MSTR) reported third-quarter 2026 operating income of $20.91 billion and net income of $19.53 billion, or diluted EPS of $44.75, versus $3.89 billion, $2.79 billion and $8.42, respectively, a year earlier. Operating income included a $20.91 billion gain on digital assets. Revenue was $125.4 million, down 3%; gross profit was $89.6 million versus $90.7 million.
As of September 30, 2026, digital assets were $70.82 billion. As of October 25, 2026, Strategy held approximately 848,517 bitcoin and had repurchased 20,980,508 STRC shares for approximately $2.04 billion at an average $97.39 per share; approximately $956.7 million remained under the $3.0 billion authorization. Q3 MSTR at-the-market sales generated approximately $5.41 billion in net proceeds.
Andrew Kang will step down as Executive Vice President and CFO effective November 5, 2026, and remain in an advisory capacity through December 31, 2026. Phong Le, President and CEO, will serve as principal financial officer from November 6 through December 31, 2026; Reza Virasteh, currently Executive Vice President of Operations, will become CFO and co-principal financial officer effective January 1, 2027. After shareholder approval on October 28, 2026, daily dividends begin November 1, 2026 for STRC and January 1, 2027 for STRF, STRK and STRD.
Strategy Inc (MSTR) said preliminary voting results show the requisite common-stock vote was obtained to approve amended certificates for STRF, STRC, STRK and STRD, permitting daily dividends. The schedules are subject to filing and effectiveness: STRC is set to begin November 1, 2026, and STRF, STRK and STRD on January 1, 2027. Dividend record dates would fall on every calendar day, including weekends and market and bank holidays.
For shares cleared through DTC, weekend or DTC-holiday record dates are treated as the preceding non-holiday day; Nasdaq generally sets the ex-dividend date on a trading day or the preceding business day. In the stated November 6–8, 2026 example, three dividends would share a November 6 record and ex-dividend date and be paid November 9. Strategy expects a Friday, November 6 buyer would not receive those dividends, while a seller that day would still receive them. Treatment may differ on other venues or under individual broker policies.
Strategy Inc repurchased 2,068,459 shares of STRC for $204.9 million from October 19, 2026 to October 25, 2026, using USD Cash. During the same period, it did not sell shares under its at-the-market offering program and did not purchase or sell bitcoin.
As of October 25, 2026, Strategy held approximately 848,517 bitcoin, acquired at an aggregate purchase price of $64.02 billion and an average purchase price of approximately $75,446 per bitcoin, inclusive of fees and expenses. Its USD Reserve was $4.83 billion and USD Cash was $242.4 million.
Strategy said $956.8 million of aggregate purchase price remained available under its digital credit securities repurchase program, and $1.0 billion remained available under its MSTR Stock repurchase program.
Strategy Inc updated its at-the-market program, bitcoin purchases and repurchases for the period from October 12, 2026, through October 18, 2026. It sold 140,872 MSTR Class A shares for $22.0 million in net proceeds, used with $0.1 million of USD Cash to purchase 267 bitcoin for $22.1 million. As of October 18, 2026, Strategy held 848,517 bitcoin, with an aggregate purchase price of $64.02 billion and an average purchase price of $75,446. The MSTR ATM had $18,785.6 million available for issuance and sale as of October 18, 2026.
Strategy repurchased 1,938,780 STRC shares for $193.1 million using $193.1 million of USD Cash. Its board increased the authorized aggregate purchase price under the digital credit securities repurchase program from $2.0 billion to $3.0 billion, inclusive of commissions, fees, expenses and repurchases to date; $1.16 billion remained available after giving effect to the increase as of October 18, 2026. Strategy used $45.5 million of USD Reserve for preferred-stock dividends. As of October 18, 2026, USD Reserve and USD Cash balances were $4.83 billion and $447.3 million.
Strategy Inc declared daily cash dividends on its Variable Rate Series A Perpetual Stretch Preferred Stock (STRC) for each calendar day from November 1, 2026 through November 30, 2026, subject to the required stockholder approval and filing of an amended certificate. The scheduled payments total $1.00 per share across November record dates, with individual daily amounts of $0.03 or $0.04 per share. If the conditions are met, the regular annual dividend rate for November record dates will be 12.00%; that rate does not affect previously declared but unpaid dividends.
Approval must occur by 5:00 p.m. on October 31, 2026, and the amended certificate must be filed and effective by 12:01 a.m. on November 1, 2026. If both conditions are met, the November 15 dividend will not be payable; if either condition is unmet, the daily dividends will not be payable and the November 15 dividend will be payable. Strategy expects the daily dividends, if payable, to be treated as non-taxable returns of capital to the extent of a shareholder’s STRC tax basis.
Strategy Inc (MSTR) director Jarrod M. Patten exercised options for 1,400 Class A shares on October 8, 2026, and 1,350 shares on October 9, 2026, at an exercise price of $18.2360 per share. He reported sales totaling 2,750 shares: 950 at $150.5400 and 450 at $152.0000 on October 8; on October 9, 450 shares each at $154.4700, $156.0000, and $158.0000. No Rule 10b5-1 plan is reported.
Strategy Inc (MSTR) acquired 250 bitcoin for an aggregate purchase price of $21.5 million from October 5, 2026, to October 11, 2026; the average purchase price was $86,194 per bitcoin. As of October 11, 2026, its aggregate bitcoin holdings were 848,250 bitcoin, with an aggregate purchase price of $64.00 billion and an average purchase price of $75,444. Strategy said $21.0 million of the purchases used net proceeds from MSTR stock sales and $0.5 million used USD Cash.
During the same period, Strategy sold 125,183 MSTR shares under its at-the-market offering program, reporting $21.0 million in net proceeds, and repurchased 1,932,145 STRC preferred shares for $192.4 million. It reported $354.8 million in aggregate purchase price remained available under its digital credit securities repurchase program and $1.0 billion under its MSTR stock repurchase program. As of October 11, 2026, the USD Reserve was $4.88 billion, intended to support preferred dividends and interest on outstanding indebtedness; USD Cash was $640.5 million, which management maintains for broader Bitcoin Treasury Company purposes that may include bitcoin purchases, reserve expansion and capital management.
Strategy Inc director Jarrod M. Patten reported a proposed sale of 1,350 Class A shares through Fidelity Brokerage Services LLC, with a listed aggregate market value of $210,811.50 and a sale date of October 9, 2026, on Nasdaq. The notice identifies the shares as acquired from Strategy Inc by stock option exercise on October 9, 2026, with cash payment. It also lists Patten’s Class A sales from July 22 through October 8, 2026.
Strategy Inc (MSTR) director Jarrod M. Patten reported an intended sale of 1,400 Class A shares through Fidelity Brokerage Services LLC, with an aggregate market value of $211,413 and an approximate sale date of October 8, 2026. The notice also lists the 1,400 shares as acquired from the issuer through a stock option exercise for cash on October 8, 2026, and includes prior Class A sales dated July 22 through September 22, 2026.