Open report — full analysis, no account required.

Sign up to generate reports and read filings that aren't on the open list.

Sign up free

Get notified when MSTR files again. Create a free account and we'll email you the moment its next filing is analyzed.

Get filing alerts
NASDAQ: MSTR Strategy Inc 8-K

Strategy Inc sells 2.7M shares for $335.5M, acquires 520 bitcoin at $67K average

Filed June 22, 2026 · Period ending May 4, 2026 · ~1 min read

4 key changes 2 high relevance 2 sections

Key Changes

  • high

    Sold 2.7M Class A shares via ATM program for $335.5M net proceeds during June 15-21, 2026; $25.4B capacity remains available for future issuance

    Item 8.01 — Other Events verify on EDGAR →
  • high

    Acquired 520 bitcoin for $34.9M (average $67,068 per coin) using ATM proceeds; total holdings now 847,363 bitcoin with $75,651 average cost basis

    Item 8.01 — Other Events verify on EDGAR →
  • medium

    USD Reserve balance stands at $1.4B as of June 21, 2026, including unsettled ATM proceeds; reserve supports preferred dividends and debt interest

    Item 8.01 — Other Events verify on EDGAR →
  • medium

    Launched investor dashboard at www.strategy.com for real-time disclosure of bitcoin holdings, security prices, KPIs, and Regulation FD compliance

    Item 7.01 — Regulation FD Disclosure verify on EDGAR →

Summary

Strategy Inc executed another round of its bitcoin accumulation strategy, selling 2.7 million shares for $335.5 million and immediately deploying $34.9 million to acquire 520 bitcoin at an average price of $67,068. This continues the company's established pattern of using equity dilution to fund bitcoin purchases. The company's total bitcoin holdings now stand at 847,363 coins with an average cost basis of $75,651 per bitcoin, meaning current holdings reflect an unrealized loss of approximately 11% at the $67,068 acquisition price.

The $1.4 billion USD Reserve balance provides a cushion for near-term obligations including preferred stock dividends and debt service, though the company continues to prioritize bitcoin accumulation over cash retention. The new investor dashboard represents a transparency enhancement, giving shareholders real-time visibility into bitcoin holdings and key metrics rather than waiting for periodic 8-K filings. With $25.4 billion in remaining ATM capacity, Strategy retains substantial ability to continue its bitcoin acquisition program through further share issuance.

Section-by-Section Diff

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.

The company announced a new website dashboard that will provide public access to information about its securities prices, bitcoin purchases and holdings, key performance metrics, and other supplemental data. This dashboard serves as a Regulation FD-compliant disclosure channel, meaning the company will use it to release material non-public information to all investors simultaneously.

Event · Item 8.01 — Other Events

~500 words

Strategy sold 2.7M shares for $335.5M net proceeds, acquired 520 bitcoin for $34.9M, and reported $1.4B USD Reserve balance.

1 Added
Added USD Reserve balance medium

Added in current filing · verify on EDGAR →

As of June 21, 2026, the balance of the USD Reserve is $1.4 billion. This amount includes expected cash proceeds from shares sold under Strategy’s ATM that had not yet settled as of such date.

Strategy's USD Reserve, established to support dividend payments on preferred stock and interest on debt, stands at $1.4 billion as of June 21, 2026. This balance includes unsettled cash proceeds from recent ATM share sales, and the company plans to continue replenishing this reserve based on market conditions.

Was this report useful?

Figures/quotes linked to EDGAR · Narrative written by AI · Jun 22, 2026 · How we verify