FILINGStrategy (MSTR) · 8-K · accepted Monday, Feb 2, 2026, 8:00 AM ET
Strategy bought 855 BTC, bringing its total to 713,502 BTC; raised $106.1M selling common
From Strategy’s 8-K, accepted by the SEC on Feb 2, 2026 at 8:00 AM ET, covering Jan 26 to Feb 1.
What it says
Strategy reports ATM activity (only MSTR sales) and 855 BTC acquired for $75.3M during Jan 26, Feb 1, 2026, holdings of 713,502 BTC, raises STRC dividend rate to 11.25%, and declares the February STRC dividend.
The numbers
| Bitcoin bought | 855 BTC | Jan 26 to Feb 1 |
| Average price | $87,974 | per bitcoin |
| Cost | $75.3M | |
| Bitcoin held after | 713,502 BTC | |
| ATM net proceeds | $106.1M | as of Feb 1 |
| ATM net proceeds · STRC | $0 | as of Feb 1 |
| ATM net proceeds · STRD | $0 | as of Feb 1 |
| ATM net proceeds · STRF | $0 | as of Feb 1 |
| ATM net proceeds · STRK | $0 | as of Feb 1 |
| STRC dividend rate | 11.25% | from Feb 1 |
What it changed
Bitcoin held
712,647 BTCbefore
713,502 BTCafter this filing
From the filing
mNAV
1.15xJan 30 close
1.15xpro forma at Jan 30’s prices
1.21xFeb 2 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
195,552Jan 30 close
185,501Feb 2 close
Bitcoin per diluted share × 100 million
Years of preferred dividends covered
73.7 yrsJan 30 close
68.5 yrsFeb 2 close
Bitcoin and cash ÷ a year of preferred dividends at current rates (note interest not included yet). A year of dividends went from $844.5M to $852.4M: 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, Feb 2, 2026, 8:00 AM ET. Accession 0001193125-26-032731.
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.