FILINGStrategy (MSTR) · 8-K · accepted Monday, Jun 23, 2025, 9:00 AM ET
Strategy 8-K disclosing a shareholder derivative suit filed June 19
From Strategy’s 8-K, accepted by the SEC on Jun 23, 2025 at 9:00 AM ET.
What it says
Strategy 8-K disclosing a shareholder derivative suit filed June 19, 2025 in the Eastern District of Virginia against its officers and directors; no bitcoin, capital raising or dividend figures.
What it changed
mNAV
2.07xJun 20 close
2.02xJun 23 close
Enterprise value (diluted market value plus debt and preferreds, minus cash) ÷ bitcoin held
Sats per diluted share
189,629Jun 20 close
189,707Jun 23 close
Bitcoin per diluted share × 100 million
Years of preferred dividends covered
198.3 yrsJun 20 close
201.4 yrsJun 23 close
Bitcoin and cash ÷ a year of preferred dividends at current rates (note interest not included yet). A year of dividends went from $308.7M to $310.9M: 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 23, 2025, 9:00 AM ET. Accession 0000950170-25-088731.
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.