Strategy acquired 4,225 more Bitcoins

Strategy (MSTR) disclosed:

Item 8.01 Other Events.

ATM Updates

On July 14, 2025, MicroStrategy Incorporated d/b/a Strategy (“Strategy” or the “Company”) announced updates with respect to its at-the-market offering programs:

ATM Program Summary

During Period

July 7, 2025 to July 13, 2025

As of

July 13, 2025

Shares Sold

Notional Value (in millions) (1)

Net Proceeds (in millions) (2)

Available for

Issuance and Sale (in millions)

Common ATM

797,008

MSTR Shares

-

$330.9

$17,779.8

Securities Offered: Class A Common Stock, $0.001 par value per share (“MSTR Shares”)

Size: $21 billion

Established : May 1, 2025

STRK ATM

573,976

STRK Shares

$57.4

$71.1

$20,450.9

Securities Offered: 8.00% series A perpetual strike preferred stock, $0.001 par value per share (“STRK Shares”)

Size: $21 billion

Established: March 10, 2025

STRF ATM

444,005

STRF Shares

$44.4

$55.3

$1,881.3

Securities Offered: 10.00% series A perpetual strife preferred stock, $0.001 par value per share (“STRF Shares”)

Size: $2.1 billion

Established: May 22, 2025

STRD ATM

158,278

STRD Shares

$15.8

$15.0

$4,185.0

Securities Offered: 10.00% series A perpetual stride preferred stock, $0.001 par value per share (“STRD Shares”)

Size: $4.2 billion

Established: July 7, 2025

Total

$472.3

(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.

BTC Update

On July 14, 2025, Strategy announced updates with respect to its bitcoin holdings:

During Period July 7, 2025 to July 13, 2025

As of July 13, 2025

BTC

Acquired (1)

Aggregate

Purchase

Price (in millions) (2)

Average

Purchase

Price (2)

Aggregate

BTC

Holdings

Aggregate

Purchase

Price (in billions) (2)

Average

Purchase

Price (2)

4,225

$

472.5

$

111,827

601,550

$

42.87

$

71,268

(1) The bitcoin purchases were made using proceeds from the MSTR ATM, STRK ATM, STRF ATM and STRD ATM.

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

Item 7.01 Regulation FD Disclosure.

Strategy Dashboard

The Company also maintains a dashboard on its website (www.strategy.com) as a disclosure channel for providing broad, non-exclusionary distribution of information regarding the Company to the public, including information regarding market prices of its outstanding securities, bitcoin purchases and holdings, certain KPI metrics and other supplemental information, and as one means of disclosing non-public information in compliance with its disclosure obligations under Regulation FD. Investors and others are encouraged to regularly review the information that the Company makes public via the website dashboard.

Furnished Information

The information disclosed pursuant to Item 7.01 in this Current Report on Form 8-K shall not be deemed “filed” for purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such a filing.

OK