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The Strategy Bet

The Strategy ₿et

8-K filings › Jul 20, 2026 · covers Jul 13–19

Strategy bought no bitcoin and holds 843,775 BTC

$263.5M raised via MSTR ATM

BTC held
843,775
±0 vs the 8-K of Jul 13, 2026
Cost basis
$63.69B
$75,476 avg per BTC
MSTR ATM sold
$263.5M
2,732,318 shares · $23.53B left
USD Reserve
$3.23B
+$0.23B vs last 8-K
mNAV that week
1.03×
MSTR $94.85 close Jul 17 ÷ $92.37 net reserve per share
Share on XDownload cardRead the 8-K on SEC.gov ↗

Source: Strategy Inc (CIK 0001050446) 8-K 0001193125-26-308369 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.