{"url_path":"/sec/mstr/8-k/2026-07-06/item-8-01","section_key":"item-8-01","section_title":"Item 8.01 Other Events.","topic":"sec","document":{"doc_type":"8-K","doc_date":"2026-07-06","source_url":"https://www.sec.gov/Archives/edgar/data/1050446/0001193125-26-295586-index.html","accession_number":"0001193125-26-295586","cik":"0001050446","ticker":"MSTR","issuer_name":"Strategy Inc","edgar_url":"https://www.sec.gov/Archives/edgar/data/1050446/0001193125-26-295586-index.html","primary_entity_key":"0001050446","primary_entity_name":"Strategy Inc"},"word_count":483,"has_tables":true,"body_markdown":"Item 8.01 Other Events.\n\n \n\nATM Updates\n\nOn July 6, 2026, Strategy Inc (\"Strategy\") announced that, during the period between June 29, 2026 and July 5, 2026, Strategy did not sell any shares under its at-the-market offering program.\n\nRepurchase Program Updates\n\nOn July 6, 2026, Strategy announced that, during the period between June 29, 2026 and July 5, 2026, Strategy did not purchase any shares under its share repurchase programs.\n\nBTC Updates\n\nOn July 6, 2026, Strategy announced the following updates with respect to its bitcoin holdings:\n\n \n\nDuring Period June 29, 2026 to June 30, 2026\n\nBTC Sold\n\nAggregate Sale Price (in millions)(2)\n\nAverage Sale Price(2)\n\n1,363(1)\n\n$80.8\n\n$59,256\n\n \n\nAs of June 30, 2026\n\nAggregate BTC Holdings\n\nAggregate Purchase Price (in billions)(2)\n\nAverage Purchase Price(2)\n\n846,000\n\n$63.94\n\n$75,578\n\n \n\n \n\nDuring Period July 1, 2026 to July 5, 2026*\n\nBTC Sold\n\nAggregate Sale Price (in millions)(2)\n\nAverage Sale Price(2)\n\n2,225(1)\n\n$135.2\n\n$60,773\n\n \n\nAs of July 5, 2026*\n\nAggregate BTC Holdings\n\nAggregate Purchase Price (in billions)(2)\n\nAverage Purchase Price(2)\n\n843,775\n\n$63.69\n\n$75,476\n\n \n\n \n\n \n\n*Bitcoin activity and holdings information is presented as of 4:00 p.m. Eastern Time on the last day indicated\n\n \n\n(1) Proceeds from the bitcoin sales were used to fund payment of distributions on preferred stock and to replenish the portion of the USD reserve used for this purpose.\n\n(2) Aggregate and average purchase prices are inclusive of fees and expenses; aggregate and average sale prices are net of fees and expenses.\n\n \n\n \n\n \n\n \n\n \n\n \n\n \n\nUSD Reserve Update\n\n \n\nStrategy maintains a US dollar reserve (the \"USD Reserve\") intended to support the payment of dividends on Strategy’s preferred stock and interest on its outstanding indebtedness.\n\n \n\nAs of July 5, 2026, the balance of the USD Reserve was $2.55 billion.\n\n \n\nOn June 29, 2026, Strategy announced a BTC Monetization Program pursuant to which Strategy may sell bitcoin from time to time, including for the purpose of generating up to $1.25 billion of additional proceeds to fund the USD Reserve. As of July 5, 2026, the full amount of this capacity remains available.\n\n \n\nQ2 2026 Financial Update\n\n \n\nFor the three months ended June 30, 2026, Strategy had a $8.32 billion loss on digital assets (including $8.31 billion of unrealized loss and $0.9 million of realized loss).\n\n \n\nAs of June 30, 2026, Strategy had $49.67 billion of digital asset carrying value.\n\n \n\nAs of June 30, 2026, the cost basis of the bitcoin held by Strategy exceeded the fair value of its bitcoin holdings. As a result, Strategy will record a valuation allowance against its deferred tax benefit and deferred tax asset associated with the unrealized loss on its bitcoin during the quarter ended June 30, 2026, offsetting these amounts in full.\n\n \n\nThe financial information set forth in this Current Report on Form 8-K has been prepared by Strategy management. Strategy’s independent registered public accounting firm, KPMG LLP, has not audited or reviewed, and does not express an opinion with respect to, such financial information."}