FILINGStrategy (MSTR) · 8-K · accepted Tuesday, Jul 1, 2025, 4:05 PM ET
Strategy 8-K reporting the election of Peter L
From Strategy’s 8-K, accepted by the SEC on Jul 1, 2025 at 4:05 PM ET.
What it says
Strategy 8-K reporting the election of Peter L. Briger, Jr. to its Board on July 1, 2025 and the planned retirement of General Counsel Wei-Ming Shao on December 31, 2025; it has no bitcoin, capital raising or dividend figures.
What it changed
mNAV
2.04xJul 1 close
2.12xJul 2 close
Enterprise value (diluted market value plus debt and preferreds, minus cash) ÷ bitcoin held
Sats per diluted share
190,270Jul 1 close
190,270Jul 2 close
Bitcoin per diluted share × 100 million
Years of preferred dividends covered
200.0 yrsJul 1 close
206.0 yrsJul 2 close
Bitcoin and cash ÷ a year of preferred dividends at current rates (note interest not included yet)
Also that day
Source
Form 8-K filed by Strategy Inc with the SEC, accepted Tuesday, Jul 1, 2025, 4:05 PM ET. Accession 0001193125-25-153997.
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.