8-K filings › Dec 15, 2025 · covers Dec 8–14
Strategy bought 10,645 BTC for $980.3M and now holds 671,268 BTC
Average price $92,098 per bitcoin · $980.3M spent on bitcoin · $888.2M raised via MSTR ATM
BTC held
671,268
+10,644 vs the 8-K of Dec 8, 2025
Cost basis
$50.33B
$74,972 avg per BTC
MSTR ATM sold
$888.2M
4,789,664 shares · $12.56B left
STRD ATM sold
$82.2M
1,029,202 shares · $4.01B left
STRF ATM sold
$18.0M
163,306 shares · $1.62B left
STRK ATM sold
$0.6M
7,036 shares · $20.34B left
mNAV that week
1.17×
MSTR $176.45 close Dec 12 ÷ $150.21 net reserve per share
Source: Strategy Inc (CIK 0001050446) 8-K 0001193125-25-318468 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.