Strategy Inc (NASDAQ: MSTR) ends class action, details bitcoin stake

Rhea-AI Filing Summary

Strategy Inc reported that between March 23 and March 29, 2026 it did not sell any shares under its at-the-market stock offering program and did not purchase additional bitcoin. As of March 29, 2026, it holds approximately 762,099 bitcoin, acquired for about $57.69 billion at an average cost of roughly $75,694 per bitcoin, including fees.

The company also provided an update on a previously disclosed stockholder class action in Delaware concerning an amendment to the certificate of designations for its 8.00% Series A Perpetual Strike Preferred Stock. The parties agreed to dismiss the case as moot, with prejudice as to the named plaintiff and without prejudice to others, and Strategy will seek stockholder ratification of the amendment under Section 204 of the Delaware General Corporation Law at its next annual meeting. Strategy agreed to pay $550,000 for the plaintiff’s attorneys’ fees and expenses. The company further highlighted that it maintains a public dashboard on its website with information on its securities, bitcoin holdings, and key metrics, which it uses as a Regulation FD-compliant disclosure channel.

8-K Event Classification

2 items: 7.01, 8.01

2 items

Item 7.01 Regulation FD Disclosure Disclosure

Material non-public information disclosed under Regulation Fair Disclosure, often investor presentations or guidance.

Item 8.01 Other Events Other

Voluntary disclosure of events the company deems important to shareholders but not covered by other items.

Understanding 8-K Material Events →

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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): March 30, 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 and BTC Update for the Period March 23, 2026 to March 29, 2026

On March 30, 2026, Strategy Inc ("Strategy") announced that, during the period between March 23, 2026 and March 29, 2026, Strategy did not sell any shares under its at-the-market offering program and did not purchase any bitcoin.

As of March 29, 2026, Strategy holds approximately 762,099 bitcoin that were acquired at an aggregate purchase price of $57.69 billion and an average purchase price of approximately $75,694 per bitcoin, inclusive of fees and expenses.

Shareholder Action Update

As previously disclosed, on July 21, 2025, David Dodge (“Plaintiff”) filed a purported class action lawsuit (the “Action”) in the Court of Chancery of the State of Delaware (the “Court”) against Strategy and its board of directors (the “Board”). Plaintiff’s lawsuit alleges that, pursuant to Section 242 of the Delaware General Corporation Law (the “DGCL”), the holders of Strategy’s common stock were entitled to vote on an amendment to the certificate of designations for Strategy’s 8.00% Series A Perpetual Strike Preferred Stock (the “STRK Amendment”) and asserts a claim against the Board for breach of fiduciary duty in connection with the purported DGCL violation. For additional information regarding the STRK Amendment, refer to Note 12, Redeemable Preferred Stock, in Strategy’s Annual Report on Form 10-K for the year ended December 31, 2025. On September 29, 2025, Strategy and the Board filed an answer in the Action denying all allegations of wrongdoing.

On March 12, 2026, counsel for the parties entered into a Stipulation and [Proposed] Order Dismissing the Action as Moot (the “Stipulation”), which provides for the dismissal of the Action as moot with prejudice as to Plaintiff and without prejudice as to claims belonging to any other actual or potential members of the putative class. Under the Stipulation, Strategy has agreed to seek stockholder approval of a proposal to ratify the STRK Amendment pursuant to Section 204 of the DGCL at its next regularly scheduled annual meeting of stockholders. Strategy also has agreed to pay Plaintiff’s attorneys’ fees and expenses in the amount of $550,000. The Court has not passed, and will not pass, judgment on any entitlement to attorneys’ fees or the amount thereof.

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: March 30, 2026				Strategy Inc (Registrant)
				By:		/s/ Thomas C. Chow
				Name:		Thomas C. Chow
				Title:		Executive Vice President & General Counsel

FAQ

How many bitcoin does Strategy Inc (MSTR) currently hold?

Strategy Inc holds approximately 762,099 bitcoin as of March 29, 2026. These holdings were acquired for an aggregate purchase price of about $57.69 billion, reflecting an average cost of roughly $75,694 per bitcoin, inclusive of fees and expenses.

Did Strategy Inc (MSTR) buy or sell bitcoin in late March 2026?

Strategy Inc did not buy or sell any bitcoin between March 23 and March 29, 2026. Over that period, it also did not sell any shares under its at-the-market stock offering program, leaving its reported bitcoin position unchanged as of March 29, 2026.

What is the status of the Delaware class action involving Strategy Inc (MSTR)?

A previously filed stockholder class action in Delaware related to Strategy’s 8.00% Series A Perpetual Strike Preferred Stock is being dismissed as moot. The dismissal is with prejudice as to the named plaintiff, and Strategy will seek stockholder ratification of the STRK Amendment at its next annual meeting.

How much will Strategy Inc (MSTR) pay in attorneys’ fees for the class action?

Strategy Inc agreed to pay the plaintiff’s attorneys’ fees and expenses totaling $550,000. The Court has not passed, and will not pass, judgment on any entitlement to these attorneys’ fees or on the amount, as reflected in the parties’ stipulation.

What is Strategy Inc’s average purchase price for its bitcoin holdings?

Strategy Inc’s bitcoin holdings were acquired at an average purchase price of approximately $75,694 per bitcoin. This figure includes fees and expenses and is based on a total aggregate purchase price of about $57.69 billion for roughly 762,099 bitcoin.

How does Strategy Inc (MSTR) use its website dashboard for disclosures?

Strategy Inc maintains a dashboard on its website as a broad, non-exclusionary disclosure channel. It shares information such as market prices of its securities, bitcoin purchases and holdings, key performance indicators, and other supplemental data, and uses this channel to help satisfy Regulation FD disclosure obligations.

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