FILINGStrategy (MSTR) · 8-K · accepted Monday, Jun 9, 2025, 8:00 AM ET
Strategy bought 1,045 BTC, bringing its total to 582,000 BTC; raised $112.2M selling STRF and STRK
From Strategy’s 8-K, accepted by the SEC on Jun 9, 2025 at 8:00 AM ET, covering Jun 2 to Jun 8.
What it says
Strategy reports ATM updates (STRK and STRF sales, no common sales) and a bitcoin purchase of 1,045 BTC for June 2-8, 2025, bringing holdings to 582,000 BTC.
The numbers
| Bitcoin bought | 1,045 BTC | Jun 2 to Jun 8 |
| Average price | $105,426 | per bitcoin |
| Cost | $110.2M | |
| Bitcoin held after | 582,000 BTC | |
| ATM capacity left | $18.63B | as of Jun 8 |
| ATM capacity left · STRF | $2.01B | as of Jun 8 |
| ATM capacity left · STRK | $20.62B | as of Jun 8 |
| ATM net proceeds | $0 | as of Jun 8 |
| ATM net proceeds · STRF | $45.8M | as of Jun 8 |
| ATM net proceeds · STRK | $66.4M | as of Jun 8 |
| ATM shares sold | 0 shares | as of Jun 8 |
| ATM shares sold · STRF | 432,679 shares | as of Jun 8 |
| ATM shares sold · STRK | 626,639 shares | as of Jun 8 |
| Average bitcoin cost | $70,086 | as of Jun 8 |
| Total bitcoin cost | $40.79B | as of Jun 8 |
What it changed
Bitcoin held
580,955 BTCbefore
582,000 BTCafter this filing
From the filing
mNAV
2.10xJun 6 close
2.09xpro forma at Jun 6’s prices
2.07xJun 9 close
Enterprise value (diluted market value plus debt and preferreds, minus cash) ÷ bitcoin held. Pro forma: this filing’s bitcoin at the previous close’s prices
Sats per diluted share
186,059Jun 6 close
186,394Jun 9 close
Bitcoin per diluted share × 100 million
Years of preferred dividends covered
346.4 yrsJun 6 close
348.1 yrsJun 9 close
Bitcoin and cash ÷ a year of preferred dividends at current rates (note interest not included yet). A year of dividends went from $175.2M to $184.6M: a new preferred counts once Strategy’s reported cash and bitcoin include the money it raised, and this filing is the first that does
Also that day
Source
Form 8-K filed by Strategy Inc with the SEC, accepted Monday, Jun 9, 2025, 8:00 AM ET. Accession 0000950170-25-083448.
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.