Strategy Inc 8-K

What Happened
Strategy Inc. (MSTR) filed an 8‑K on January 26, 2026 disclosing activity under its at‑the‑market (ATM) offering and updates to its bitcoin holdings, and noting that it uses a public website dashboard as a Regulation FD disclosure channel. For the period January 20–25, 2026, Strategy sold shares under its ATM program and reported net proceeds of $264.0 million; it used these proceeds to acquire 2,932 BTC for $264.1 million (average $90,061 per BTC). As of January 25, 2026, Strategy reported aggregate bitcoin holdings of 712,647 BTC at an aggregate purchase price of about $54.19 billion (average $76,037 per BTC).

Key Details

• ATM period: January 20–25, 2026. Total net proceeds from ATM sales: $264.0 million.
• Shares sold: 1,569,770 Class A common shares (MSTR) producing $257.0M net; 70,201 STRC preferred shares producing $7.0M net.
• Bitcoin purchases: 2,932 BTC acquired during the period for $264.1M (avg. $90,061 per BTC). Purchases funded by ATM proceeds.
• Aggregate holdings as of Jan 25, 2026: 712,647 BTC; aggregate purchase cost ≈ $54.19 billion; average buy price ≈ $76,037 per BTC.
• Regulation FD: Strategy maintains a public dashboard on www.strategy.com as a channel for broad, non‑exclusionary disclosure of company information.

Why It Matters
These disclosures show Strategy is actively using its ATM program to raise cash and immediately deploy proceeds into bitcoin, increasing its crypto holdings. The net proceeds and share sales are relevant to shareholders because ATM issuances increase shares available and provide the funding source for bitcoin purchases. The Regulation FD dashboard identifies the company’s official public channel for timely information, which investors can monitor for updates.