Strategy Inc (STRK) uses ATM proceeds to add 3,081 bitcoin to holdings
Rhea-AI Filing Summary
Strategy Inc reported weekly activity in its at-the-market equity offering programs and recent bitcoin purchases. Between August 18 and August 24, 2025, the company sold 875,301 MSTR common shares, 210,100 STRK preferred shares, 237,336 STRF preferred shares and 944 STRD preferred shares under its ATM programs, generating an aggregate notional value of $357.0M across the preferred stock offerings and related sales.
During the same period, Strategy acquired 3,081 bitcoin for an aggregate purchase price of $356.9M, at an average price of $115,829 per bitcoin, funded by proceeds from the MSTR, STRK and STRF ATM programs. As of August 24, 2025, the company held 632,457 bitcoin with an aggregate purchase price of $46.50B and an average purchase price of $73,527 per bitcoin. Strategy also highlighted that it maintains an online dashboard to provide ongoing information on its securities, bitcoin holdings and key metrics.
Positive
- None.
Negative
- None.
8-K Event Classification
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What ATM activity did Strategy Inc (STRK) report for August 18–24, 2025?
For the period August 18–24, 2025, Strategy Inc sold 875,301 MSTR common shares, 210,100 STRK preferred shares, 237,336 STRF preferred shares and 944 STRD preferred shares through its at-the-market offering programs. The preferred stock ATM activity contributed to a total notional value of $357.0M for the period.
How much bitcoin did Strategy Inc acquire in the latest reported week?
During the period from August 18 to August 24, 2025, Strategy Inc acquired 3,081 bitcoin. The aggregate purchase price was $356.9M, and the average purchase price was $115,829 per bitcoin, inclusive of fees and expenses.
What are Strategy Inc’s total bitcoin holdings as of August 24, 2025?
As of August 24, 2025, Strategy Inc reported aggregate bitcoin holdings of 632,457 BTC. The aggregate purchase price of these holdings was $46.50B, with an average purchase price of $73,527 per bitcoin.
How were Strategy Inc’s bitcoin purchases funded during this period?
The 3,081 bitcoin acquired between August 18 and August 24, 2025 were purchased using proceeds from the company’s MSTR common stock ATM, STRK preferred stock ATM and STRF preferred stock ATM programs.
What is the size of Strategy Inc’s current ATM programs for its different securities?
Strategy Inc’s ATM programs include up to $21B of MSTR Class A common stock, $21B of 8.00% Series A Perpetual Strike Preferred Stock (STRK), $2.1B of 10.00% Series A Perpetual Strife Preferred Stock (STRF), $4.2B of 10.00% Series A Perpetual Stride Preferred Stock (STRD), and $4.2B of Variable Rate Series A Perpetual Stretch Preferred Stock (STRC), as described in the ATM program summary.
What information does Strategy Inc’s online dashboard provide to investors?
Strategy Inc maintains a dashboard on its website that provides information on market prices of its outstanding securities, bitcoin purchases and holdings, selected KPI metrics, and other supplemental data. The company identifies this dashboard as a channel for broad, non-exclusionary distribution of information and a means of disclosing information in line with Regulation FD.
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported):
(Exact name of registrant as specified in its charter)
|
|
|||
(State or other jurisdiction of incorporation) |
|
(Commission File Number) |
|
(I.R.S. Employer Identification No.) |
|
||
(Address of principal executive offices) |
|
(Zip Code) |
Registrant’s telephone number, including area code:
(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 |
|
Name of Each Exchange on which Registered |
|
|
|||
|
|
|||
|
|
|
||
|
|
|
||
|
|
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 Updates
On August 25, 2025, Strategy Inc (“Strategy” or the “Company”) announced updates with respect to its at-the-market offering programs:
ATM Program Summary |
|
|
During Period August 18, 2025 to August 24, 2025 |
|
|
As of August 24, 2025 |
||||||
|
|
Shares Sold |
|
|
Notional Value (in millions) (1) |
|
|
Net Proceeds (in millions) (2) |
|
|
Available for Issuance and Sale (in millions) |
|
Common ATM |
|
|
875,301 MSTR Shares |
|
|
- |
|
|
$309.9 |
|
|
$16,732.4 |
$21 billion of class A common stock, $0.001 par value per share ("MSTR Shares"), established May 1, 2025 |
|
|
|
|
|
|
|
|
|
|
|
|
STRK ATM |
|
|
210,100 STRK Shares |
|
|
$21.0 |
|
|
$20.4 |
|
|
$20,410.4 |
$21 billion of 8.00% series A perpetual strike preferred stock, $0.001 par value per share (“STRK Shares”), established March 10, 2025 |
|
|
|
|
|
|
|
|
|
|
|
|
STRF ATM |
|
|
237,336 STRF Shares |
|
|
$23.7 |
|
|
$26.6 |
|
|
$1,821.8 |
$2.1 billion of 10.00% series A perpetual strife preferred stock, $0.001 par value per share (“STRF Shares”), established May 22, 2025 |
|
|
|
|
|
|
|
|
|
|
|
|
STRD ATM |
|
|
944 STRD Shares |
|
|
$0.1 |
|
|
$0.1 |
|
|
$4,169.8 |
$4.2 billion of 10.00% series A perpetual stride preferred stock, $0.001 par value per share (“STRD Shares”), established July 7, 2025 |
|
|
|
|
|
|
|
|
|
|
|
|
STRC ATM |
|
|
- |
|
|
- |
|
|
- |
|
|
$4,200.0 |
$4.2 billion of variable rate series A perpetual stretch preferred stock, $0.001 par value per share (“STRC Shares”), established July 31, 2025 |
|
|
|
|
|
|
|
|
|
|
|
|
Total |
|
|
|
|
|
|
|
|
$357.0 |
|
|
|
(1) The total face value of the shares of preferred stock sold, which is used to calculate dividends thereon.
(2) Net proceeds are presented net of sales commission.
BTC Update
On August 25, 2025, Strategy announced updates with respect to its bitcoin holdings:
|
|
|
|
|
||||||||||||
|
During Period August 18, 2025 to August 24, 2025 |
|
|
As of August 24, 2025 |
||||||||||||
|
BTC Acquired (1) |
|
|
Aggregate Purchase Price (in |
|
|
Average Purchase Price (2) |
|
|
Aggregate BTC Holdings |
|
|
Aggregate Purchase Price(in |
|
|
Average Purchase Price (2) |
|
3,081 |
|
$ |
356.9 |
|
$ |
115,829 |
|
|
632,457 |
|
$ |
46.50 |
|
$ |
73,527 |
(1) The bitcoin purchases were made using proceeds from the MSTR ATM, STRK ATM and STRF ATM.
(2) Aggregate and average purchase prices are inclusive of fees and expenses.
Item 7.01 Regulation FD Disclosure.
Strategy Dashboard
The Company also maintains a dashboard on its website (www.Strategy.com) as a disclosure channel for providing broad, non-exclusionary distribution of information regarding the Company to the public, including information regarding market prices of its outstanding securities, bitcoin purchases and holdings, certain KPI 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 the Company 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: August 25, 2025 |
|
Strategy Inc (Registrant) |
||||
|
|
|
|
|||
|
|
|
|
By: |
|
/s/ W. Ming Shao |
|
|
|
|
Name: |
|
W. Ming Shao |
|
|
|
|
Title: |
|
Executive Vice President & General Counsel |