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8-K filing

Strategy weekly update — December 1, 2025

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

Bitcoin treasury

Holdings before
649,870
BTC
Holdings after
650,000
BTC
=
Net change
+130
BTC
BTC purchased
+130
Purchase cost
$11.7M
Avg buy price
$89,960
All-time avg cost
$74,436
Total cost basis
$48.38B

ATM issuance

SecurityShares soldNet proceedsRemaining ATM
MSTRClass A Common Stock8,214,000$1,478.1M$14,375M
STRK8.00% Series A Perpetual Strike Preferred Stocknone this period$20,336M
STRF10.00% Series A Perpetual Strife Preferred Stocknone this period$1,637M
STRCVariable Rate Series A Perpetual Stretch Preferred Stocknone this period$4,042M
STRD10.00% Series A Perpetual Stride Preferred Stocknone this period$4,133M
Total$1,478.1M

Summary

Strategy purchased 130 BTC at an average price of $89,960, for aggregate cost of $11.7M. Following this activity, Strategy's bitcoin treasury stands at 650,000 BTC, with an all-time average acquisition cost of $74,436 per bitcoin and a total cost basis of $48.38B. Through its at-the-market programs, Strategy raised $1,478.1M in net proceeds — $1,478.1M from MSTR.

Source filing

Filed
December 1, 2025
Form
8-K
Accession number
0001193125-25-303157

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.

Strategy 8-K December 1, 2025 | BTCorMSTR | BTCorMSTR