8-K filings › Sep 29, 2025 · covers Sep 22–28
Strategy bought 196 BTC for $22.1M and now holds 640,031 BTC
Average price $113,048 per bitcoin · $22.1M spent on bitcoin · $116.4M raised via MSTR ATM
BTC held
640,031
+196 vs the 8-K of Sep 22, 2025
Cost basis
$47.35B
$73,983 avg per BTC
MSTR ATM sold
$116.4M
347,352 shares · $15.91B left
STRD ATM sold
$0.4M
5,000 shares · $4.15B left
STRF ATM sold
$11.3M
101,713 shares · $1.72B left
mNAV that week
1.60×
MSTR $309.06 close Sep 26 ÷ $193.17 net reserve per share
Source: Strategy Inc (CIK 0001050446) 8-K 0001193125-25-221772 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.