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NASDAQ: MSTR Strategy Inc 8-K

Strategy Inc sells 1.4M shares for $181M, buys 1,550 bitcoin at $65,332 average

Filed June 8, 2026 · Period ending May 4, 2026 · ~1 min read

4 key changes 2 high relevance 2 sections

Key Changes

  • high

    Sold 1.4 million Class A shares under ATM program for $181M net proceeds during June 1-7, with $26B capacity remaining for future issuances

    Item 8.01 — Other Events verify on EDGAR →
  • high

    Acquired 1,550 bitcoin for $101M (avg $65,332 per coin) using share sale proceeds; now holds 845,256 BTC with $75,680 average cost basis

    Item 8.01 — Other Events verify on EDGAR →
  • medium

    Maintains $1B USD Reserve for preferred dividends and debt interest, including unsettled ATM proceeds as of June 7

    Item 8.01 — Other Events verify on EDGAR →
  • low

    Launched public dashboard on company website for Regulation FD compliance, displaying bitcoin holdings and key performance metrics

    Item 7.01 — Regulation FD Disclosure verify on EDGAR →

Summary

Strategy Inc continued its bitcoin accumulation strategy during the first week of June 2026, selling 1.4 million shares to raise $181 million and immediately deploying $101 million to purchase 1,550 bitcoin at an average price of $65,332 per coin.

This represents a significant discount to the company's overall cost basis of $75,680 per bitcoin across its 845,256 coin holdings, suggesting the company is buying into market weakness. The share dilution was modest relative to the $26 billion remaining ATM capacity.

Retail holders should note the company maintains a $1 billion cash reserve specifically earmarked for preferred stock dividends and debt service, providing a liquidity cushion separate from bitcoin holdings. The average purchase price of $65,332 per bitcoin during this period offers a benchmark for evaluating whether management is buying opportunistically or chasing prices. Watch whether Strategy continues this pace of share issuance and bitcoin purchases, and monitor the USD Reserve balance in future disclosures to assess financial flexibility. The new public dashboard provides real-time transparency into holdings between formal filings.

Section-by-Section Diff

Event · Item 8.01 — Other Events

~500 words

Strategy sold 1.4M shares for $181M net proceeds, acquired 1,550 BTC at avg $65,332, and maintains $1B USD reserve for dividends and debt service.

2 Added
Added ATM equity offering high

Added in current filing · verify on EDGAR →

MSTR Stock | 1,409,600 | $ - | $ 181.0 | $ 25,956.1 | Class A Common Stock

Strategy sold 1,409,600 shares of Class A Common Stock under its at-the-market offering program during June 1-7, 2026, generating $181.0 million in net proceeds after sales commissions. The company has $25,956.1 million remaining capacity available for future issuance under the ATM program, which includes a previously announced $21.0 billion increase.

Added USD Reserve balance medium

Added in current filing · verify on EDGAR →

As of June 7, 2026, the balance of the USD Reserve is $1.0 Billion. This amount includes expected cash proceeds from shares sold under Strategy’s ATM that had not yet settled as of such date.

Strategy maintains a $1.0 billion USD Reserve as of June 7, 2026, which is a management-designated liquidity pool intended to support dividend payments on preferred stock and interest payments on outstanding debt. The reserve balance includes expected cash from unsettled ATM share sales.

Event · Item 7.01 — Regulation FD Disclosure

~200 words

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

1 Added
Show 1 minor / wording change
Added Regulation FD disclosure channel low

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 Inc announced it maintains a public dashboard on its website to comply with Regulation FD disclosure requirements. The dashboard provides information on security prices, bitcoin purchases and holdings, key performance indicators, and other supplemental information. This creates a formal disclosure channel for investors to access material company information.

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Figures/quotes linked to EDGAR · Narrative written by AI · Jun 17, 2026 · How we verify