Strategy Inc.

11/09/2026 | Press release | Distributed by Public on 11/09/2026 07:00

Regulation FD Disclosure (Form 8-K)

Item 8.01 Other Events.

ATM Update

On November 9, 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 November 2, 2026 to November 8, 2026

As of November 8, 2026

Security

Shares Sold (1)

Notional Value (in millions) (2)

Net Proceeds (in millions) (3)

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

2,051,348

$

-

$ 283.8 (4)

$

18,337.3

Class A Common Stock

Total

$

283.8

(1) Includes shares sold but not yet settled as of November 6, 2026.

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

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

(4) $81.9 million in net proceeds from MSTR Stock sales were used to fund bitcoin purchases, $188.3 million in net proceeds from MSTR Stock sales were used to fund repurchases of STRC Stock, and $13.6 million in net proceeds from MSTR Stock sales were allocated to USD Cash.

BTC Update

On November 9, 2026, Strategy announced updates with respect to its bitcoin holdings:

During Period November 2, 2026 to November 8, 2026

As of November 8, 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)

1,036

$

81.9

$

79,012

850,364

$

64.16

$

75,456

(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 November 9, 2026, Strategy announced the following update with respect to its share repurchase programs of the following securities:

During Period November 2, 2026 to November 8, 2026

Security

Shares Repurchased

Aggregate Purchase Price (in millions)

STRF Stock (1)

-

$

-

10.00% Series A Perpetual Strife Preferred Stock

STRC Stock (1)

1,887,464

$

188.3

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

1,887,464

$

188.3

(1) $560.3 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 November 2, 2026 to November 8, 2026, Strategy used $21.1 million of the USD Reserve to fund the payment of dividends on its preferred stock.

As of November 8, 2026, the balances of the USD Reserve and USD Cash were $4.77 billion and $146.2 million, respectively.

Strategy Inc. published this content on November 09, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on November 09, 2026 at 13:03 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]