FILINGStrategy (MSTR) · 8-K · accepted Monday, Aug 4, 2025, 8:00 AM ET
Strategy reports no ATM sales for July 28, August 3, 2025
From Strategy’s 8-K, accepted by the SEC on Aug 4, 2025 at 8:00 AM ET.
What it says
Strategy reports no ATM sales for July 28, August 3, 2025, remaining ATM capacity, the completed STRC offering, and 21,021 BTC acquired for about $2.46B, bringing holdings to 628,791 BTC.
The numbers
| ATM capacity left | $17.04B | as of Aug 3 |
| ATM capacity left · STRC | $4.20B | as of Aug 3 |
| ATM capacity left · STRD | $4.18B | as of Aug 3 |
| ATM capacity left · STRF | $1.88B | as of Aug 3 |
| ATM capacity left · STRK | $20.45B | as of Aug 3 |
| ATM shares sold | 0 shares | as of Aug 3 |
| ATM shares sold · STRC | 0 shares | as of Aug 3 |
| ATM shares sold · STRD | 0 shares | as of Aug 3 |
| ATM shares sold · STRF | 0 shares | as of Aug 3 |
| ATM shares sold · STRK | 0 shares | as of Aug 3 |
| Average bitcoin cost | $73,277 | as of Aug 3 |
| Total bitcoin cost | $46.08B | as of Aug 3 |
| Bitcoin held | 628,791 BTC | as of Aug 3 |
What it changed
mNAV
1.83xAug 1 close
1.90xAug 4 close
Enterprise value (diluted market value plus debt and preferreds, minus cash) ÷ bitcoin held
Sats per diluted share
198,752Aug 1 close
198,752Aug 4 close
Bitcoin per diluted share × 100 million
Years of preferred dividends covered
123.1 yrsAug 1 close
125.0 yrsAug 4 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 Monday, Aug 4, 2025, 8:00 AM ET. Accession 0000950170-25-101634.
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.