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8-K filing

Strategy weekly update — September 22, 2025

All figures parsed directly from the SEC filing, stored exactly as disclosed.

Bitcoin treasury

Holdings before
638,985
BTC
Holdings after
639,835
BTC
=
Net change
+850
BTC
BTC purchased
+850
Purchase cost
$99.7M
Avg buy price
$117,344
All-time avg cost
$73,971
Total cost basis
$47.33B

ATM issuance

SecurityShares soldNet proceedsRemaining ATM
MSTRClass A Common Stock227,401$80.6M$16,025M
STRK8.00% Series A Perpetual Strike Preferred Stocknone this period$20,369M
STRF10.00% Series A Perpetual Strife Preferred Stock173,834$19.4M$1,730M
STRCVariable Rate Series A Perpetual Stretch Preferred Stocknone this period$4,200M
STRD10.00% Series A Perpetual Stride Preferred Stocknone this period$4,152M
Total$100M

Summary

Strategy purchased 850 BTC at an average price of $117,344, for aggregate cost of $99.7M. Following this activity, Strategy's bitcoin treasury stands at 639,835 BTC, with an all-time average acquisition cost of $73,971 per bitcoin and a total cost basis of $47.33B. Through its at-the-market programs, Strategy raised $100M in net proceeds — $19.4M from STRF, $80.6M from MSTR.

Source filing

Filed
September 22, 2025
Form
8-K
Accession number
0001193125-25-210048

All figures are parsed from the 8-K's ATM Update and BTC Update tables and stored exactly as filed. The filing is validated for continuity before publishing; filings that fail validation are held for manual review.