8-K filings › Dec 8, 2025 · covers Dec 1–7
Strategy bought 10,624 BTC for $962.7M and now holds 660,624 BTC
Average price $90,615 per bitcoin · $962.7M spent on bitcoin · $928.1M raised via MSTR ATM
BTC held
660,624
+10,624 vs the 8-K of Dec 1, 2025
Cost basis
$49.35B
$74,696 avg per BTC
MSTR ATM sold
$928.1M
5,127,684 shares · $13.45B left
STRD ATM sold
$34.9M
442,536 shares · $4.10B left
mNAV that week
1.21×
MSTR $178.99 close Dec 5 ÷ $147.76 net reserve per share
Source: Strategy Inc (CIK 0001050446) 8-K 0001193125-25-310607 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.