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NASDAQ: MSTR Strategy Inc 8-K

Strategy sells $43M stock, buys 535 bitcoin at $80,340 avg; holdings reach 818,869 BTC

Filed May 11, 2026 · Period ending May 4, 2026 · ~1 min read

3 key changes 2 high relevance 2 sections

Key Changes

  • high

    Strategy sold 231,324 Class A shares via ATM program for $42.9M net proceeds during May 4-10, 2026, with $26.3B capacity remaining under current and announced programs.

    Item 8.01 — Other Events verify on EDGAR →
  • high

    Company acquired 535 bitcoin for $43.0M at average price of $80,340 per coin, funded by ATM stock sales. Total holdings now 818,869 BTC with $75,540 average cost basis.

    Item 8.01 — Other Events verify on EDGAR →
  • medium

    Strategy launched public investor dashboard on its website to disclose bitcoin holdings, KPIs, securities prices, and other material information in compliance with Regulation FD.

    Item 7.01 — Regulation FD Disclosure verify on EDGAR →

Summary

Strategy executed its established bitcoin acquisition strategy during the week of May 4-10, 2026, selling $43M of stock through its at-the-market program and immediately deploying those proceeds to purchase 535 bitcoin at an average price of $80,340 per coin. This represents a 6.4% premium to the company's overall cost basis of $75,540 per bitcoin across its 818,869 BTC holdings valued at $61.86 billion in aggregate purchase price. The transaction follows Strategy's standard playbook of equity dilution to fund bitcoin accumulation.

The company retains substantial ATM capacity of $26.3 billion, combining its existing program with a $21 billion increase announced in March 2026. Strategy also launched a public dashboard for real-time disclosure of bitcoin holdings and key metrics, improving transparency for shareholders tracking the company's bitcoin treasury operations. The week's activity continues Strategy's multi-year pattern of converting equity capital into bitcoin exposure at prevailing market prices.

Section-by-Section Diff

Event · Item 8.01 — Other Events

~300 words

Item 8.01 — Other Events filed; see Key Changes for terms.

3 Added
Added ATM stock sales high

Added in current filing · verify on EDGAR →

MSTR Stock | 231,324 | $ - | $ 42.9 | $ 26,349.4 | Class A Common Stock

Strategy sold 231,324 shares of Class A common stock under its at-the-market offering program during the week of May 4-10, 2026, generating net proceeds of $42.9 million after sales commissions. The company also sold 1,412 shares of its Variable Rate Series A Perpetual Stretch Preferred Stock for $0.1 million in net proceeds. As of May 10, 2026, Strategy has $26.3 billion of common stock capacity remaining under its ATM program.

Added Bitcoin acquisition high

Added in current filing · verify on EDGAR →

535 | $ 43.0 | $ 80,340 | 818,869 | $ 61.86 | $ 75,540

Strategy acquired 535 bitcoin during May 4-10, 2026, for an aggregate purchase price of $43.0 million (inclusive of fees and expenses), at an average price of $80,340 per bitcoin. The bitcoin purchases were funded using proceeds from the ATM stock sales. As of May 10, 2026, Strategy holds 818,869 bitcoin with an aggregate purchase price of $61.86 billion and an average cost basis of $75,540 per bitcoin.

Added ATM program capacity medium

Added in current filing · verify on EDGAR →

As previously disclosed, on March 23, 2026, Strategy announced a new $21.0 billion offering of MSTR Stock (the “MSTR Increase”). The MSTR Stock amount available for issuance reflects the aggregate remaining capacity of both the current offering and the MSTR Increase. Sales under the MSTR Increase may begin once capacity under the existing offering is substantially depleted.

Strategy disclosed that its $26.3 billion of remaining common stock ATM capacity includes both the existing program and a new $21.0 billion offering announced on March 23, 2026. Sales under the new $21.0 billion increase will begin once the existing offering capacity is substantially depleted.

Event · Item 7.01 — Regulation FD Disclosure

~200 words

Item 7.01 — Regulation FD Disclosure filed; see Key Changes for terms.

1 Added
Added Investor dashboard launch medium

Added in current filing · verify on EDGAR →

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.

Strategy announced it has established a public dashboard on its website to disclose information about its securities prices, bitcoin purchases and holdings, key performance indicators, and other supplemental data. The dashboard serves as a Regulation FD-compliant channel for broad public distribution of material information.

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Figures/quotes linked to EDGAR · Narrative written by AI · Jun 21, 2026 · How we verify