Strategy 8-K

Summary

Weekly ATM issuance, bitcoin purchase and preferred-stock repurchase update. From 9/21/2026 to 9/27/2026, Strategy sold MSTR common shares, used part of the proceeds to buy bitcoin and fund STRC repurchases, and reported its ending bitcoin holdings and cash reserves.

Key Figures

• MSTR ATM: 1,469,165 shares sold for $246M net proceeds; $142.7M funded bitcoin purchases and $103.5M funded STRC repurchases.
• Bitcoin: 1,665 BTC purchased for $143M, at an average $85,700 per BTC. Holdings totaled 847,666 BTC as of 9/27/2026, with an aggregate purchase price of $64.0B and an average purchase price of $75,400.
• STRC repurchases: 1,534,530 shares for $152M. The company also used $48.1M of USD Cash for these repurchases and $22.1M of the USD Reserve for preferred-stock dividends.
• As of 9/27/2026, the USD Reserve was $5.02B and USD Cash was $1.00B. Remaining ATM capacity: STRF $1.62B, STRC $17.5B, STRK $2.1B, STRD $4.01B and MSTR $18.8B. Remaining repurchase capacity: $724M for preferred stock and $1.0B for MSTR common stock.

Investor Takeaways

• Future ATM activity will show whether Strategy continues using common-stock proceeds to acquire bitcoin and repurchase STRC.
• Watch subsequent updates for bitcoin accumulation and changes in the USD Reserve, which supports preferred dividends and debt interest.