Strategy Inc.

09/28/2026 | Press release | Distributed by Public on 09/28/2026 06:00

Regulation FD Disclosure (Form 8-K)

Item 8.01 Other Events.

ATM Update

On September 28, 2026, Strategy Inc ("Strategy") announced an update with respect to sales made under its at-the-market offering program ("ATM") of the following securities:

During Period September 21, 2026 to September 27, 2026

As of September 27, 2026

Security

Shares Sold

Notional Value (in millions) (1)

Net Proceeds (in millions) (2)

Available for Issuance and Sale (in millions)

STRF Stock

-

$

-

$

-

$

1,619.3

10.00% Series A Perpetual Strife Preferred Stock

STRC Stock

-

$

-

$

-

$

17,510.8

Variable Rate Series A Perpetual Stretch Preferred Stock

STRK Stock

-

$

-

$

-

$

2,100.0

8.00% Series A Perpetual Strike Preferred Stock

STRD Stock

-

$

-

$

-

$

4,014.8

10.00% Series A Perpetual Stride Preferred Stock

MSTR Stock

1,469,165

$

-

$ 246.2 (3)

$

18,844.4

Class A Common Stock

Total

$

246.2

(1) The total face value of the shares of preferred stock sold, which is used to calculate dividends thereon.

(2) Net proceeds are presented net of sales commission.

(3) $142.7 million in net proceeds from MSTR Stock sales were used to fund bitcoin purchases and $103.5 million in net proceeds from MSTR Stock sales were used to fund repurchases of STRC Stock under the digital credit securities repurchase program.

BTC Update

On September 28, 2026, Strategy announced updates with respect to its bitcoin holdings:

During Period September 21, 2026 to September 27, 2026

As of September 27, 2026

BTC Purchased (1)

Aggregate
Purchase Price (in millions) (2)

Average Purchase Price (2)

Aggregate BTC Holdings

Aggregate Purchase Price (in billions) (2)

Average Purchase Price (2)

1,665

$

142.7

$

85,681

847,666

$

63.95

$

75,437

(1) The bitcoin purchases were made using net proceeds from MSTR Stock sales.

(2) Aggregate and average purchase prices are inclusive of fees and expenses.

Repurchase Program Updates

On September 28, 2026, Strategy announced the following update with respect to its share repurchase programs of the following securities:

During Period September 21, 2026 to September 27, 2026

Security

Shares Repurchased

Aggregate Purchase Price (in millions)

STRF Stock (1)

-

$

-

10.00% Series A Perpetual Strife Preferred Stock

STRC Stock (1)

1,534,530

$

151.7

Variable Rate Series A Perpetual Stretch Preferred Stock

STRK Stock (1)

-

$

-

8.00% Series A Perpetual Strike Preferred Stock

STRD Stock (1)

-

$

-

10.00% Series A Perpetual Stride Preferred Stock

MSTR Stock (2)

-

$

-

Class A Common Stock

Total

1,534,530

$

151.7

(1) $723.5 million aggregate purchase price of Strategy's preferred stock remains available under its digital credit securities repurchase program.

(2) $1.0 billion aggregate purchase price of MSTR Stock remains available under Strategy's MSTR Stock repurchase program.

USD Reserve and USD Cash Updates

As part of its capital framework, Strategy maintains: (i) a U.S. dollar reserve (the "USD Reserve"), which is intended to support the payment of dividends on Strategy's preferred stock and interest on its outstanding indebtedness, and (ii) "USD Cash", which management maintains to deploy for broader general Bitcoin Treasury Company purposes, which may include acquiring bitcoin, expanding the USD Reserve, broader capital management uses, and other similar purposes.

During the period from September 21, 2026 to September 27, 2026, Strategy used $48.1 million of USD Cash to fund repurchases of STRC Stock. During the same period, Strategy used $22.1 million of the USD Reserve to fund the payment of dividends on its preferred stock.

As of September 27, 2026, the balances of the USD Reserve and USD Cash were $5.02 billion and $1.00 billion, respectively.

Strategy Inc. published this content on September 28, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on September 28, 2026 at 12:01 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]