Strategy 8-K

Summary

Weekly ATM, bitcoin, repurchase and dividend update. Strategy sold 1,638 BTC and raised $290.6M net from Class A share sales; it also repurchased STRC preferred shares and maintained STRC’s 12.00% annual dividend rate. The $4.0B USD Reserve is intended to support preferred dividends and debt interest.

Key Figures

• ATM sales, 7/27/2026–8/2/2026: 3,011,361 MSTR shares sold for $290.6M net proceeds; no preferred shares were sold. Remaining issuance capacity: MSTR $22.7B, STRF $1.62B, STRC $17.5B, STRK $2.1B and STRD $4.01B. MSTR proceeds included $250M added to the USD Reserve, $28.9M used for STRC repurchases and $11.7M added to cash.
• Bitcoin: 1,638 BTC sold for $105M aggregate sale proceeds, averaging $64,000 per BTC, net of fees and expenses. Holdings as of 8/2/2026 were 842,138 BTC, with a $63.5B aggregate purchase price and $75,400 average purchase price, inclusive of fees and expenses. Sale proceeds funded $52.4M of preferred dividends and $52.3M of STRC repurchases.
• Repurchases, 7/27/2026–8/2/2026: 912,143 STRC shares for $81.2M. Remaining authorization: $893.8M for preferred shares and $1.0B for MSTR shares.
• STRC dividends: $0.50 per share for each semi-monthly period ending 8/31/2026 and 9/15/2026, payable on those dates; the 12.00% annual rate applies to periods beginning on or after 8/16/2026. Strategy expects the payments to be non-taxable returns of capital to the extent of a shareholder’s U.S. federal tax basis.
• USD Reserve: $4.0B as of 8/2/2026, including expected proceeds from ATM shares not yet settled.

Investor Takeaways

• STRC’s 12.00% annual rate is expected to continue until the stock demonstrates sustained trading at or near its $100 stated amount; watch the trading level and any subsequent rate announcement.