8-K filings › May 19, 2025 · covers May 12–18
Strategy bought 7,390 BTC for $764.9M and now holds 576,230 BTC
Average price $103,498 per bitcoin · $764.9M spent on bitcoin · $705.7M raised via MSTR ATM
BTC held
576,230
+7,390 vs the 8-K of May 12, 2025
Cost basis
$40.18B
$69,726 avg per BTC
MSTR ATM sold
$705.7M
1,712,708 shares · $18.98B left
STRK ATM sold
$59.7M
621,555 shares · $20.79B left
mNAV that week
2.24×
MSTR $399.80 close May 16 ÷ $178.24 net reserve per share
Source: Strategy Inc (CIK 0001050446) 8-K 0000950170-25-073962 on SEC EDGAR, via the 8-K Tracker. Rows filed the same day are combined; restated rows aren’t counted twice. mNAV = MSTR close ÷ net reserve per share (BTC at the filing week’s close + USD − senior claims, ÷ shares). Not investment advice.