Here are the 10-K annual reports from Strategy Inc 8.00% Series A Perpetual Strike Preferred Stock (STRK) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow STRK and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full STRK filings page.
Strategy Inc filed its annual report describing a business built around large bitcoin holdings and an AI-powered analytics software platform. The company positions itself as the “world’s first and largest Bitcoin Treasury Company,” using equity, preferred stock, and debt financings to accumulate bitcoin.
As of February 13, 2026, Strategy held about 717,131 bitcoins acquired for $54.5 billion, an average of $76,027 per bitcoin, versus a market price of $68,734. To support dividends and interest, it created a $2.25 billion U.S. dollar reserve held in cash and cash equivalents.
The company has layered its capital structure with $8.25 billion of indebtedness and $8.47 billion of preferred stock notional value, whose dividends are tied to this reserve and future capital raises. Management warns that bitcoin’s price volatility, accounting at fair value, and concentrated exposure can cause large unrealized gains or losses and affect liquidity, tax liabilities, and the market price of its securities.