ORANGE PAPER
The Press › Strategy
FILINGStrategy (MSTR) · 10-Q · accepted Monday, Aug 3, 2026, 4:49 PM ET

Strategy 's 10-Q for the quarter ended June 30, 2026 reports 846,000 bitcoin held

From Strategy’s 10-Q, accepted by the SEC on Aug 3, 2026 at 4:49 PM ET.

What it says

Strategy's 10-Q for the quarter ended June 30, 2026 reports 846,000 bitcoin held, Q2 purchases of 85,296 bitcoin, ATM sales, a $1.50B 2029 convertible note repurchase, new repurchase programs, and balance sheet and share data.

The numbers

Total bitcoin cost$50.44Bas of Dec 31
Bitcoin held843,775 BTCas of Jul 24, was 672,500 BTC Dec 31
Debt principal$6.75Bas of Jun 30
Options, RSUs and PSUs3,950,554 sharesas of Jun 30
BTC Yield YTD (issuer)8.10%as of Jun 30
Sats per share (issuer)210,824as of Jun 30, was 194,986 Dec 31
Preferred shares outstanding · STRC104,894,705 sharesas of Jun 30
Preferred shares outstanding · STRD14,024,221 sharesas of Jun 30
Preferred shares outstanding · STRE7,750,000 sharesas of Jun 30
Preferred shares outstanding · STRF12,839,689 sharesas of Jun 30
Preferred shares outstanding · STRK14,020,744 sharesas of Jun 30
Preferred stated amount · STRC$10.49Bas of Jun 30
Preferred stated amount · STRD$1.40Bas of Jun 30
Preferred stated amount · STRE$884.1Mas of Jun 30
Preferred stated amount · STRF$1.28Bas of Jun 30
Preferred stated amount · STRK$1.40Bas of Jun 30
Principal outstanding · MSTR-2027$0as of Jun 30
Principal outstanding · MSTR-2028$1.01Bas of Jun 30
Principal outstanding · MSTR-2029$1.50Bas of Jun 30
Principal outstanding · MSTR-2030A$800.0Mas of Jun 30
Principal outstanding · MSTR-2030B$2.00Bas of Jun 30
Principal outstanding · MSTR-2031$603.7Mas of Jun 30
Principal outstanding · MSTR-2032$800.0Mas of Jun 30
Class A common shares364,585,501 sharesas of Jul 24
Class B common shares19,640,250 sharesas of Jul 24
Common shares, assumed diluted401,283,000 sharesas of Jun 30, was 344,897,000 shares Dec 31

What it changed

mNAV
1.08xAug 3 close
1.09xAug 4 close
Enterprise value (diluted market value plus debt and preferreds, minus cash) ÷ bitcoin held
Sats per diluted share
201,819Aug 3 close
201,819Aug 4 close
Bitcoin per diluted share × 100 million
Years of preferred dividends covered
33.5 yrsAug 3 close
33.8 yrsAug 4 close
Bitcoin and cash ÷ a year of preferred dividends at current rates (note interest not included yet)

Also that day

Strategy sold 1,638 BTC; bought back $81.2M of STRC8-K · 8:00 AM ETStrive bought 20 BTC, bringing its total to 20,020 BTC8-K · 7:59 AM ETThe Peel: SATS’s first day: closed at $94.61 · Strive filed two 8-KsWednesday edition

Source

Form 10-Q filed by Strategy Inc with the SEC, accepted Monday, Aug 3, 2026, 4:49 PM ET. Accession 0001050446-26-000044.
Read the filing on SEC EDGAR ↗
Summary and figures read from the filing by Orange Paper’s filing reader and checked before publishing. Calculations (pro forma and close figures) are ours.
← All of The Press
Orange Paper reads every Strategy and Strive filing as it lands and checks each figure before publishing. Figures from filings link to SEC EDGAR; our own calculations are labelled. Not investment advice.