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FILINGStrategy (MSTR) · 8-K · accepted Friday, Jan 2, 2026, 8:00 AM ET

Strategy set STRC’s rate at 11.00%

From Strategy’s 8-K, accepted by the SEC on Jan 2, 2026 at 8:00 AM ET.

What it says

Strategy 8-K announcing the STRC variable dividend rate increase from 10.75% to 11.00% effective January 1, 2026, and a January 2026 STRC cash dividend of $0.916666667 per share.

The numbers

STRC dividend rate11.00%from Jan 1

What it changed

mNAV
1.13xDec 31 close
1.13xJan 2 close
Enterprise value (diluted market value plus debt and preferreds, minus cash) ÷ bitcoin held
Sats per diluted share
194,986Dec 31 close
194,986Jan 2 close
Bitcoin per diluted share × 100 million
Years of preferred dividends covered
77.3 yrsDec 31 close
78.7 yrsJan 2 close
Bitcoin and cash ÷ a year of preferred dividends at current rates (note interest not included yet). A year of dividends went from $789.7M to $796.8M: 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

The Peel: SATS’s first day: closed at $94.61 · Strive filed two 8-KsWednesday edition

Source

Form 8-K filed by Strategy Inc with the SEC, accepted Friday, Jan 2, 2026, 8:00 AM ET. Accession 0001193125-26-000264.
Read the filing on SEC EDGAR ↗
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.
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Orange Paper reads every Strategy and Strive filing as it lands and checks each figure before publishing. Figures from filings link to SEC EDGAR; our own calculations are labelled. Not investment advice.