Every 8-K that Strategy Inc 8.00% Series A Perpetual Strike Preferred Stock (STRK) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, 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 reports recent activity in its at-the-market (ATM) equity programs and related bitcoin purchases. From August 26 to September 1, 2025, the company raised net proceeds of $471.8M across its ATM programs, including sales of 237,931 STRF preferred shares, 199,509 STRK preferred shares, 12,973 STRD preferred shares, and 1,237,000 MSTR common shares.
During the same period, Strategy acquired 4,048 bitcoin for an aggregate purchase price of $449.3M, using proceeds from the STRF, STRK, STRD and MSTR ATM programs. As of September 1, 2025, the company reports aggregate bitcoin holdings of 636,505 BTC with a total purchase price of $46.95B and an average purchase price of $73,765 per bitcoin.
Strategy Inc filed an 8-K to describe an update to its Dividend Adjustment Framework for its Variable Rate Series A Perpetual Stretch Preferred Stock, or STRC Stock. Under the new guidance, if the five-day volume-weighted average price (VWAP) of STRC Stock for the five trading days before the last trading day of the month is between $95.00 and $98.99, management currently intends to recommend a dividend rate increase of at least 25 basis points for the next period.
The company restated the full STRC dividend framework to reflect this single change and reiterated that any dividend rate changes must be approved by the Board of Directors. Dividends will only be declared and paid when, as, and if the Board determines they are in the best interests of the company and its stockholders. Strategy states that this framework is intended to help keep STRC’s trading price near its $100 per share stated amount, but it may change or suspend the framework at any time in its sole discretion.
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.
Strategy Inc reported recent activity in its at-the-market offering programs and bitcoin strategy. Between August 11 and August 17, 2025, it sold 179,687 STRK preferred shares, 162,670 STRF shares, and 140,789 STRD shares for a combined notional value of $50.4 million, generating net proceeds as disclosed in the table.
Using proceeds from STRK, STRF and STRD, the company acquired 430 bitcoin for an aggregate purchase price of $51.4 million, or $119,666 per bitcoin. As of August 17, 2025, Strategy held 629,376 bitcoin acquired for an aggregate $46.15 billion, at an average purchase price of $73,320 per bitcoin.
The company also updated its equity guidance, stating that when mNAV is below 2.5x it plans to tactically issue MSTR class A common shares to pay interest on debt, fund preferred dividends, and when otherwise deemed advantageous.
MicroStrategy Incorporated changed its corporate name to Strategy Inc and updated its governing documents to reflect the new name. The company stated that its securities will continue to trade on Nasdaq under their existing symbols (MSTR, STRK, STRF, STRD, STRC) and that CUSIP numbers are not affected. The name change does not alter the companys corporate structure.
The company previously filed an amendment to the Certificate of Designations for its 8.00% Series A Perpetual Strike Preferred Stock (STRK) to make technical changes so the liquidation preference per share generally approximates its trading price, with a floor of $100. The amendment is subject to common stockholder ratification and the company will file a proxy statement and solicit votes.
MicroStrategy Incorporated (d/b/a Strategy) reported updates to its at-the-market (ATM) programs and bitcoin holdings.
During the period August 4–10, 2025 the company sold 115,169 shares of its 10.00% Series A Perpetual Strife Preferred Stock (STRF), with a total face value of $11.5 million and reported $13.6 million of net proceeds. No shares of its Class A common stock (MSTR) or its other preferred series (STRK, STRD, STRC) were sold during that period. The registrant reports remaining ATM availability of $17,042.7 million for Class A common, $20,450.2 million for STRK, $1,867.4 million for STRF, $4,182.0 million for STRD and $4,200.0 million for STRC.
The company acquired 155 BTC during the same period for an aggregate purchase price of $18.0 million at an average price of $116,401 per bitcoin. Strategy reports aggregate bitcoin holdings of 628,946 BTC with an aggregate purchase price of $46.10 billion and an average purchase price of $73,288 per bitcoin. The filing states these recent bitcoin purchases were made using proceeds from the STRF ATM and the previously announced and completed IPO of the STRC preferred stock. Strategy also maintains a public dashboard on its website to disclose market prices, bitcoin purchases and holdings, KPIs and other supplemental information.
MicroStrategy (Nasdaq: MSTR) filed an 8-K announcing a $2.52 billion capital raise. On 24 July 2025 the company signed an underwriting agreement with Morgan Stanley to issue 28,011,111 shares of new Variable-Rate Series A Perpetual Stretch Preferred Stock (ticker to be STRC) at $90 per share. Settlement is expected 29 July 2025, subject to customary conditions.
Estimated net proceeds: $2.474 billion after underwriting fees and expenses. Management states the cash will be used for “general corporate purposes, including the acquisition of bitcoin and working capital.”
The agreement contains standard reps & warranties, indemnities and termination clauses and is being executed from an automatic shelf registration (Form S-3ASR #333-284510). A press release detailing pricing accompanies the filing (Ex. 99.1).
MicroStrategy (Nasdaq: MSTR/STRK) disclosed in an 8-K that on 21-Jul-2025 a purported stockholder class action was filed in the Delaware Court of Chancery against the company and its board.
The suit alleges that an Amendment to the Certificate of Designations for the 8.00% Series A Perpetual Strike Preferred Stock (STRK) violated DGCL §242 because common shareholders were not given a vote. Plaintiff David Dodge seeks declarations that the Amendment is invalid, that directors breached fiduciary duties, rescission via a corrective filing, and unspecified monetary damages plus fees.
MicroStrategy states it cannot predict the outcome or quantify potential loss. No financial metrics or guidance changes were provided.
MicroStrategy Incorporated ("Strategy") filed an 8-K to disclose two core operational updates covering the period 16-22 June 2025:
1. At-the-Market (ATM) equity programs. The company operates three open-ended ATM facilities with a combined size of US$44.1 billion. During the seven-day window, Strategy sold 166,566 shares of its 8.00 % Series A Strike preferred (STRK) and 84,354 shares of its 10.00 % Series A Strife preferred (STRF). These sales generated US$26.1 million in net cash after commissions. No Class A common shares (MSTR) were issued in the period, leaving US$18.63 billion of the US$21 billion common ATM still available. The STRK facility retains US$20.55 billion of remaining capacity while the STRF facility shows US$1.97 billion.
2. Bitcoin treasury strategy. Using a portion of the preferred stock proceeds, Strategy purchased an additional 245 bitcoin for an aggregate US$26.0 million at an average price of US$105,856 per coin (inclusive of fees). Cumulative holdings reached 592,345 bitcoin, acquired for US$41.87 billion at an average cost basis of US$70,681.
Additional disclosures. • The firm reminded investors that its website dashboard (www.strategy.com) serves as a Regulation FD channel for real-time updates on security prices, bitcoin activity, and key operating metrics. • All Item 7.01 information is furnished, not filed, and therefore not subject to Section 18 liability nor automatically incorporated into other SEC filings.
Key investor takeaways:
- Strategy continues to finance bitcoin purchases primarily through high-yield perpetual preferred stock, limiting immediate common share dilution.
- Net ATM proceeds this period were modest relative to the program’s multibillion-dollar capacity, indicating flexibility for future raises.
- The 8 % and 10 % dividend rates on preferred issuances create a fixed cash obligation that grows with additional issuance.
- Average bitcoin cost basis (US$70,681) remains materially below the week’s purchase price (US$105,856), illustrating the rising cost of incremental accumulation.