FILINGStrategy (MSTR) · 8-K · accepted Monday, Jun 16, 2025, 8:00 AM ET
Strategy bought 10,100 BTC, bringing its total to 592,100 BTC; raised $78.4M selling STRF and STRK
From Strategy’s 8-K, accepted by the SEC on Jun 16, 2025 at 8:00 AM ET, covering Jun 9 to Jun 15.
What it says
Strategy reports BTC purchases of 10,100 BTC for $1,051.2 million during June 9-15, 2025, STRK and STRF ATM sales, and completion of the STRD offering; holdings total 592,100 BTC.
The numbers
| Bitcoin bought | 10,100 BTC | Jun 9 to Jun 15 |
| Average price | $104,080 | per bitcoin |
| Cost | $1.05B | |
| Bitcoin held after | 592,100 BTC | |
| ATM capacity left | $18.63B | as of Jun 15 |
| ATM capacity left · STRF | $1.98B | as of Jun 15 |
| ATM capacity left · STRK | $20.57B | as of Jun 15 |
| ATM net proceeds · STRF | $30.0M | as of Jun 15 |
| ATM net proceeds · STRK | $48.4M | as of Jun 15 |
| ATM shares sold | 0 shares | as of Jun 15 |
| ATM shares sold · STRF | 286,101 shares | as of Jun 15 |
| ATM shares sold · STRK | 452,487 shares | as of Jun 15 |
| Average bitcoin cost | $70,666 | as of Jun 15 |
| Total bitcoin cost | $41.84B | as of Jun 15 |
What it changed
Bitcoin held
582,000 BTCbefore
592,100 BTCafter this filing
From the filing
mNAV
2.10xJun 13 close
2.08xpro forma at Jun 13’s prices
2.07xJun 16 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
186,394Jun 13 close
189,629Jun 16 close
Bitcoin per diluted share × 100 million
Years of preferred dividends covered
334.9 yrsJun 13 close
205.0 yrsJun 16 close
Bitcoin and cash ÷ a year of preferred dividends at current rates (note interest not included yet). A year of dividends went from $184.6M to $308.7M: 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 16, 2025, 8:00 AM ET. Accession 0000950170-25-086545.
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.