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NASDAQ: MSTR Strategy Inc 8-K

Strategy sells 2.7M shares for $263.5M, makes no bitcoin purchases; $3.2B USD reserve

Filed July 20, 2026 · Period ending July 20, 2026 · ~1 min read

4 key changes 1 high relevance 2 sections

Key Changes

  • high

    Sold 2.7M Class A shares via ATM for $263.5M net proceeds; $23.5B capacity remains under the program

  • medium

    Made no bitcoin purchases during the week; holdings unchanged at 843,775 BTC ($63.69B aggregate cost, $75,476 avg)

  • medium

    USD reserve stands at $3.2B (including unsettled ATM proceeds) to support preferred dividends and debt interest

  • low

    Designates www.strategy.com dashboard as official Regulation FD disclosure channel for bitcoin holdings and key metrics

Summary

Strategy Inc sold 2.7 million Class A common shares under its at-the-market offering program during the week ended July 19, 2026, generating $263.5 million in net proceeds. The company made no bitcoin purchases during the period, leaving its holdings unchanged at 843,775 BTC with an average cost basis of $75,476 per coin. Strategy maintains a $3.2 billion US dollar reserve to support preferred stock dividends and debt interest payments, which includes expected cash from ATM sales that had not yet settled as of the reporting date.

For retail holders, this is a routine weekly disclosure showing continued equity issuance under the ATM program without corresponding bitcoin accumulation. The $3.2 billion reserve provides visibility into the company's liquidity position for meeting fixed obligations. Strategy also formalized its website dashboard at www.strategy.com as an official Regulation FD disclosure channel, establishing it as a source for material information on bitcoin holdings and key performance metrics alongside traditional SEC filings.

Section-by-Section Diff

Event · Item 8.01 — Other Events

~500 words

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

1 Added
Added ATM common stock sales high

Added in current filing · verify on EDGAR →

MSTR Stock | 2,732,318 | $ - | $ 263.5 | $ 23,526.5 | Class A Common Stock

Strategy sold 2,732,318 shares of Class A common stock under its at-the-market offering program during the week ended July 19, 2026, generating net proceeds of $263.5 million after sales commissions. The company has $23.5 billion of remaining capacity under its ATM program for common stock sales, reflecting both the current offering and a previously announced $21 billion increase.

Event · Item 7.01 — Regulation FD Disclosure

~200 words

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

1 Added
Added Regulation FD disclosure channel 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 Inc announces it maintains a website dashboard at www.strategy.com as an official disclosure channel under Regulation FD. The dashboard will provide information on market prices of its securities, bitcoin purchases and holdings, key performance indicators, and other supplemental information. This establishes the website as a formal channel for material non-public information disclosure.

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