8-K filing
Strategy weekly update — November 17, 2025
All figures parsed directly from the SEC filing, stored exactly as disclosed.
Bitcoin treasury
Holdings before
641,692
BTC
→
Holdings after
649,870
BTC
=
Net change
+8,178
BTC
BTC purchased
+8,178
Purchase cost
$835.6M
Avg buy price
$102,171
All-time avg cost
$74,433
Total cost basis
$48.37B
ATM issuance
| Security | Shares sold | Net proceeds | Remaining ATM |
|---|---|---|---|
| MSTRClass A Common Stock | — | none this period | $15,854M |
| STRK8.00% Series A Perpetual Strike Preferred Stock | 5,513 | $0.5M | $20,336M |
| STRF10.00% Series A Perpetual Strife Preferred Stock | 39,957 | $4.4M | $1,637M |
| STRCVariable Rate Series A Perpetual Stretch Preferred Stock | 1,313,641 | $131.2M | $4,042M |
| STRD10.00% Series A Perpetual Stride Preferred Stock | — | none this period | $4,133M |
| Total | $136.1M |
Summary
Strategy purchased 8,178 BTC at an average price of $102,171, for aggregate cost of $835.6M. Following this activity, Strategy's bitcoin treasury stands at 649,870 BTC, with an all-time average acquisition cost of $74,433 per bitcoin and a total cost basis of $48.37B. Through its at-the-market programs, Strategy raised $136.1M in net proceeds — $4.4M from STRF, $131.2M from STRC, $0.5M from STRK.
Source filing
- Filed
- November 17, 2025
- Form
- 8-K
- Accession number
- 0001193125-25-283991
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.